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STatiana [176]
3 years ago
8

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​
Mathematics
1 answer:
NeX [460]3 years ago
7 0

Answer:

B

Step-by-step explanation:

C is too little and D is too much

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