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Adam wishes to have 18 000 available in 22 years to purchase a new car for his son as a gift for his college graduation

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Adam wishes to have 18 000 available in 22 years to purchase a new car for his son as a gift for his college graduation To accomplish this goal how much should Adam invest now in a CD that pays 1 61 interest compounded quarterly Adam should invest now Round to the nearest cent as needed www

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