Mathematics
Mathematics, 19.04.2020 03:05, kawaunmartinjr10

Jim plans on buying a car when he graduates in three years from now. He has some inheritance he can set away for this purchase. If he assumes the car will cost him $23,000 how much of that money should he set aside in an account that has an annual rate of 7.8% compounded continuously?

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Jim plans on buying a car when he graduates in three years from now. He has some inheritance he can...

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