Posted by **Tyga** on Sunday, March 14, 2010 at 1:46am.

Barbara knows that she will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should she invest now at 10%, compounded quarterly, so that she will have enough to buy a new car? Round to the nearest cent

## Answer This Question

## Related Questions

- math - Barbara knows that she will need to buy a new car in 3 years. The car ...
- Math - Barbara knows that she will need to buy a new car in 2 years. The car ...
- math - Barbara knows that she will need to buy a new car in 4 years. The car ...
- math - Barbara knows that she will need to buy a new car in 4 years. The car ...
- math - Jim wants to deposit money in an account to save for a new stereo system ...
- Foundations Math 12 - Mark wants to buy a car in 15 months, when he graduates. ...
- Mathematics and investment - 1. Angelo wants to renovate his house in 3 years. ...
- MATH - Rico can invest money at 10%/a compounded quarterly. He would like $15 ...
- math - Steve wants to have $25000 in 25 years, he can only get 3.2% interest ...
- MATH - Janet dreams to go on vacation in three years. How much should she invest...

More Related Questions