Mathematics, 03.09.2020 23:01, prettyprincess9643

Adam wishes to have $18,000 available in 18 years to purchase a new car for his son as a gift for his high school graduation. To accomplish this goal, how much should Adam invest now in a CD that pays 1.24% interest compounded semiannually? Adam should invest $ now. (Round to the nearest cent as needed.)

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Adam wishes to have $18,000 available in 18 years to purchase a new car for his son as a gift for hi...