Mathematics
Mathematics, 28.07.2021 17:50, aaliyah80

In your budget, you plan on putting a $3000 deposit on a car in 4 years. You currently have some extra money that you could put into a savings account. If that savings account earns you 4% interest, compounded monthly, how much would you need to deposit today to have $2000 in 4 years? Please show me proper work and give a good explanation on how you got your answer.

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In your budget, you plan on putting a $3000 deposit on a car in 4 years. You currently have some ext...

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