Question
I need helps answering this question asap! Stephen plans to purchase a car 6 years from now. The car will cost $44,650 at that time.
I need helps answering this question asap!
Stephen plans to purchase a car 6 years from now. The car will cost $44,650 at that time. Assume that Stephen can earn 8.80 percent (compounded monthly) on his money. How much should he set aside today for the purchase?
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
11th edition
9781259278617, 77861647, 1259278611, 978-0077861643
