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29-07-2020
Mathematics

contestada

How much will Bob need to save each month if he wants to buy a $30,000 car with cash in 5 years? He can earn a nominal interest rate of 10% compounded monthly.

a) $2.50
b) $250.00
c) $25.00
d) $1,862.76

Respuesta :

studyehs studyehs

29-07-2020

Answer:

B

Step-by-step explanation:

C is too little and D is too much

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