Question: Jenna would like to purchase a new car in three years. If she saves $800 per year in an account that pays 8% annual interest


Jenna would like to purchase a new car in three years. If she saves $800 per year in an account that pays 8% annual interest for the next 3 years, how much w dollar.) Values for i=8%, n=3 Present value of an ordinary annuity of $1 2.577 Present value of $1: 772 Future value of an ordinary annuity of $1 3.246 Future value of $1: 1.260 O A. $2,862 OB. $2,062 O c. $3,018 OD. $2,597 saves $800 per year in an account that pays 8% annual interest for the next 3 years, how much will she have saved for a down payment? (Round the final answer to the nearest 577 772 246 260 Jenna would like to purchase a new car in three years. If she saves $800 per year in an acco dollar.) Values for i=8%, n=3 Present value of an ordinary annuity of $1 Present value of $1: Future value of an ordinary annuity of $1 Future value of $1: 2.577 .772 3.246 1.260 OA. $2,862 OB. $2,062 C. $3,018 OD. $2,597
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