If you want to buy a car 3 years from now and know youll


If you want to buy a car 3 years from now and know you'll need $6,000 a that time, how much would you have to put in the bank in an 8% vehicle at the end of each period to have $6,000 in 3 years assuming the vehicle compounds your money semi-annually?

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Financial Management: If you want to buy a car 3 years from now and know youll
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