Question: = = = Merge & Center IU Paste v H B A1 ox fx Question 10:25 Points D E F G 1 Question lic: 25

= = = Merge & Center IU Paste v H B A1 ox fx Question 10:25 Points D E F G 1 Question lic: 25 Points 2 3 You are hoping to purchase a car in 3 years. You currently have no money saved up for the car, but you 4 figure that you can put aside $250 each month (at the end of the month) to save up for the car. You 5 believe that the investment account you are using will pay a return of 6% (APR, compounded monthly). 6 How much money will you have for the car at the end of the three years? 10 11

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