Question: Part D - Application [APP - 15 marks] 1. A person needs $15 000 for a down payment on a car. If the person invests

Part D - Application [APP - 15 marks] 1. A person needs $15 000 for a down payment on a car. If the person invests $10 000 at 9% interest, compounded monthly, how many years will it take before she can make the down payment? v

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