He wants to have $35,000 in cash to buy a car in 3 years. He expects to

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He wants to have $35,000 in cash to buy a car in 3 years. He expects to earn 3.6 percent, compounded annually, on his savings. how much do you need to deposit today if this is the only money you save for this purpose?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Posted Date: Jun 09, 2023 06:50 AM

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He wants to have $35,000 in cash to buy a car in 3 years. He expects to

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