Question
Jenny wants to buy a $21,500 car in 5 years. How much money must she deposit at the end of each quarter in an account
Jenny wants to buy a $21,500 car in 5 years. How much money must she deposit at the end of each quarter in an account paying 6.3% compounded quarterly so that she will have enough to pay for her car?
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Financial Valuation Workbook
Authors: James Hitchner, Michael J. Mard
1st Edition
0471220833, 978-0471220831
