Question: 0 - 4 2 b 4 - 9 0 5 4 - 6 9 3 9 f 9 3 cd 2 3 cF / question

0-42b4-9054-6939f93cd23cF/question/12
Question 13 of 100
-/1
ViewPolicies
Current Aftempt in Progress
Betty would Ike to purchase a car in 6 years. The car will cost $34000 at that time. If she can earn 8% on an investment, how much would she need to irvest todiy to make sure that she can afford the car at the end of 6 years?
$32410.
$23000.
$21426.
$19143.
Attempts: 0 of 1 used
0 - 4 2 b 4 - 9 0 5 4 - 6 9 3 9 f 9 3 cd 2 3 cF /

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!