Question
John wants to buy a new sports car, and he estimates that he'll need to make a $3,300.00 down payment towards his purchase. If he
John wants to buy a new sports car, and he estimates that he'll need to make a $3,300.00 down payment towards his purchase. If he has 15 months to save up for the new car, how much should he deposit into his account if the account earns 5.557% compounded continuously so that he may reach his goal?
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
