Sheila wants to invest an amount every 3 months so that she will have $32,000 six years

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Sheila wants to invest an amount every 3 months so that she will have $32,000 six years from today, to buy a new car. The account pays 6.45% compounded quarterly. How much should she deposit each quarter to have $32,000 after 6 years.?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Jul 12, 2023 10:38 AM

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Sheila wants to invest an amount every 3 months so that she will have $32,000 six years

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Principles of Finance

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