You have saved $7,000 toward the purchase of a car costing $9,000. How long will the $7,000

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You have saved $7,000 toward the purchase of a car costing $9,000. How long will the $7,000 have to be invested at 9% compounded monthly to grow to $9,000? (Round up to the next-higher month if not exact.)

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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Question Posted: Mar 22, 2022 01:01 AM

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You have saved $7,000 toward the purchase of a car costing $9,000. How long will the $7,000

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

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