Question: You are saving for a car that you plan to purchase in five years. You plan to put $1,000 in savings which can compounded an
You are saving for a car that you plan to purchase in five years. You plan to put $1,000 in savings which can compounded an d the end of each year have saved for the car at the end of the five years Future Value of $1. Present Value of SL Future Value Annuity of S1 Present Valve Annuity of from the PV tables. Round your Anal answer to the nearest dollar amount) the How much will you Use propriate factor O O O $22.040 $17,600 $15,000 $16.200
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