Question
Stephen plans to purchase a car 2 years from now. The car will cost $39,166 at that time. Assume that Stephen can earn 6.46 percent
Stephen plans to purchase a car 2 years from now. The car will cost $39,166 at that time. Assume that Stephen can earn 6.46 percent (compounded monthly) on his money. How much should he set aside today for the purchase?
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
