What amount can she deposit today at 525 to have enough to


1. Lorie Reilly decides to go back to college. For transportation, she borrows money from her parents to buy a small car for $7,200. She plans to repay the loan in 7 months. What amount can she deposit today at 5.25% to have enough to pay off the loan? 

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What amount can she deposit today at 525 to have enough to
Reference No:- TGS01278712

Now Priced at $12 (50% Discount)

Recommended (90%)

Rated (4.3/5)