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How much do you need to deposit each month for three years into a savings account that pays 6.5% APR in order to buy a
How much do you need to deposit each month for three years into a savings account that pays 6.5% APR in order to buy a car that costs $25,000? $635.55 $613.78 $654.24 $630.81 2. ( -11 POINTS CRAUDQL3 4.3.014. MY NOTES ASK YOUR TEACHER Suppose you want to save in order to purchase a new boat. Take the APR to be 7.2%. You want to have $18,000 toward the purchase of a boat in three years. How much do you need to deposit each month? (Round your answer to the nearest cent.)
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