Question: Jack Rabbit is saving for a new car. He needs to have $ 2 1 , 0 0 0 for the car in three years.

Jack Rabbit is saving for a new car. He needs to have $21,000 for the car in three years. How much will he have to
invest in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
Jack Rabbit is saving for a new car. He needs to

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