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Gayle wishes to buy a new car. She has saved $16,000.00 but the car she wants is $19,048.77. Her father told her that she should
Gayle wishes to buy a new car. She has saved $16,000.00 but the car she wants is $19,048.77. Her father told her that she should invest the money for the next 6 months to earn the extra money. The bank will offer her 3.6% compounding weekly. Will Gayle have enough money to purchase her car in 6 months' time?
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