Mathematics, 05.11.2020 17:20, randyg0531

Alejandro just graduated from college and wants to start saving for a new car. He would like to apply a downpayment of $15,000 at the end of 2 years in order to buy it. If his bank pays 4.1% interest, compounded annually. How much should he deposit each month?

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Alejandro just graduated from college and wants to start saving for a new car. He would like to appl...