Jaco wants to buy a new bass guitar which costs $2,799.99 plus tax. If his state's sale tax is 7.475% and he saves for 18 months, how much should he deposit into a bank account earning an annual interest rate of 3.012% compounded continuously if he wants to meet his goal? Jaco needs to deposit

Answer rating: 100% (QA)

Solution Given data The ost of gutter 2799 99 4 Now The Cost of bass guitar 2799997475of 27999... View the full answer