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Question 25 of 50 < > View Policies Current Attempt in Progress -/5 E ! Mary Black plans to buy a truck for $27,000

Question 25 of 50 < > View Policies Current Attempt in Progress -/5 E ! Mary Black plans to buy a truck for $27,000 after 4 years. If the interest rate is 8%, how much money should Black set aside today for the purchase? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75.) Click here to view the factor table. Amount Save for Later Attempts: 0 of 1 used Submit Answer

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