Question
You want to purchase a new car in 9 years and expect the car to cost $23,000. Your bank offers a plan with a guaranteed
You want to purchase a new car in 9 years and expect the car to cost $23,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits. How much should you deposit each month to end up with $23,000 in 9 years?
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Fundamentals Of Investments Valuation And Management
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
9th Edition
1260013979, 9781260013979
