Mathematics, 29.07.2020 06:01, jcastronakaya

How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He can earn a nominal interest rate of 10% compounded monthly. a) $2.50
b) $250.00
c) $25.00
d) $1,862.76

Answers: 3

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How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He...