Mathematics, 27.04.2021 01:00, brebre63

Sam would like to have $8,000 to buy a used car in four years from now. She has a savings account that has a rate of 2.80% compounded monthly. If Sam deposits a
fixed amount each month how much should that be to reach the goal of $8000?
Round your answer to two decimal places?
Please help!!! I need it done by today.

Answers: 3

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Sam would like to have $8,000 to buy a used car in four years from now. She has a savings account...