no excel please, need to learn to work it out You are planning to purchase a car in four years and wish to have $3,000 for a down payment You have access to an account that earns 10 , compounded quarterly How much do you need to deposit into the account each quarter for the next four years in order to reach your goal You are planning to purchase a car in four years and wish to have $3,000 for a down payment You have access to an account that earns 10 , compounded quarterly How much do you need to deposit into the account each quarter for the next four years in order to reach your goal

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Question: no excel please, need to learn to work it out You are planning to purchase a car in four years and wish to have $3,000

no excel please, need to learn to work it out

You are planning to purchase a car in four years and wish to have $3,000 for a down payment. You have access to an account that earns 10%, compounded quarterly. How much do you need to deposit into the account each quarter for the next four years in order to reach your goal?

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