Assume that stephen can earn 476 percent compounded monthly
Stephen plans to purchase a car 8 years from now. The car will cost $43,430 at that time. Assume that Stephen can earn 4.76 percent (compounded monthly) on his money. How much should he set aside today for the purchase?
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stephen plans to purchase a car 8 years from now the car will cost 43430 at that time assume that stephen can earn 476
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