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H educationwileytcom ms NWP Assessment Player Ul Application 6 ACC-650 TOPIC 6 Assignment Question 1 of12 /4 E View Policies Current Attempt in Progress Patricia

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H educationwileytcom ms NWP Assessment Player Ul Application 6 ACC-650 TOPIC 6 Assignment Question 1 of12 /4 E View Policies Current Attempt in Progress Patricia wants to buy a car when she graduates from Central University 4 years from now' She believes that she will need $29,000 to buy the car. Click here to view the factor table. (3) Calculate how much money Patricia must put into her savings account today to have $29,000 in 4 years, assuming she can earn 8% compounded annually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round nal answer to 0 decimal place, e.g. 58,975.) Amount $ (b) Calculate how much money Patricia must put into her savings account today to have $29,000 in 4 years, assuming she can earn 8% compounded semiannually. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round nal answer to 0 decimal place, as. 58,975.) Amount $ eTextbook and Media Save for Later Attempts: 0 of 3 used

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