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Anika [276]
2 years ago
11

Jasica Parker would like to have ​$46,000 to buy a new car in 6 years. To accumulate $ 46,000 in 6 ​years, how much should she i

nvest monthly in a sinking fund with 9 % interest compounded​ monthly?
Mathematics
1 answer:
guapka [62]2 years ago
7 0

Answer:  690

Step-by-step explanation:

So, you should do

46,000 * 9% = 4,140

4,140 divided by 6 = 690

So your answer is 690

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