You want to purchase a new car in 7 years and expect the car to cost $77 comma 000. Your bank offers a plan with a guaranteed APR of 5.5 % if you make regular monthly deposits. How much should you deposit each month to end up with $77 comma 000 in 7 years?
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You want to purchase a new car in 7 years and expect the car to cost $77 comma 000. Your bank offers a plan with a guaranteed APR of 5.5 % ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » You want to purchase a new car in 7 years and expect the car to cost $77 comma 000. Your bank offers a plan with a guaranteed APR of 5.5 % if you make regular monthly deposits.