Business, 22.04.2020 04:27, kaymillsaps

Karen and Mike currently insure their cars with separate companies, paying $400 and $600 a year. If they insured both cars with the same company, they would save 15 percent on the annual premiums. What would be the future value of the annual savings over 10 years based on an annual interest rate of 3 percent

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Karen and Mike currently insure their cars with separate companies, paying $400 and $600 a year. If...