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July 29, 2015

Homework Help: math

Posted by Dexter on Sunday, April 11, 2010 at 8:40pm.

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.

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