cristhianmedina cristhianmedina
  • 07-10-2022
  • Mathematics
contestada

Solve the problem. Round to the nearest cent.
Brad wants to have $17,000 available to buy a car in 5 years. How much must he deposit now at 5.5%
compounded monthly to reach that goal?
$22,905.95
$22,366.96
$12,920.90
$12,395.17

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