Question
You want to buy a car 3 years from now, and you plan to save $4200 per year, beginning one year from today. You will
You want to buy a car 3 years from now, and you plan to save $4200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you make after the 3rd deposit, 3 years from now?
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
