Stephen plans to purchase a car 5 years from now the car
Stephen plans to purchase a car 5 years from now. The car will cost $55,339 at that time. Assume that Stephen can earn 5.16 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 5 years from now the car will cost 55339 at that time assume that stephen can earn 516
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the inflation rate in the us is 3 while the inflation rate in japan is 2 the current exchange rate is 1 equal to 101
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