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Barbara knows that she will need to buy a new car in5years. The car will cost $15,000 by then. How much should she invest now

Barbara knows that she will need to buy a new car in5years. The car will cost $15,000 by then. How much should she invest now at5%, compounded quarterly, so that she will have enough to buy a new car?

How much money should you invest now in order to have$80,000in21years? Assume that the money earns interest at2.6%, compounded annually?

How much money should you invest now to have$5000in12years if you invest the money at a rate of1.4%, compounded semiannually?

How much money should you invest now to have$15,000in9years if you invest the money at a rate of1.2%, compounded monthly?

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