You need to have 59,173 dollars to buy a new car 5 years from now. How much do you need to save at the end of each month if your savings account pays 4% per year, compounded quarterly? (note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs, or commas) You Answered 1,290.51 Correct Answer 895.79 margin of error +/- 10
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- You would like to put some money into an account so that you will have $6000 in the account 13 years from now. If the account earns 3.5% interest per year, compounded quarterly, how much should you invest now in order to reach your goal? Give the answer correctly to 2 decimal places. dollars Do NOT use the dollar sign in the answer box. nsYou need to have 59,173 dollars to buy a new car 5 years from now. How much do you need to save at the end of each month if your savings account pays 4% per year, compounded quarterly? (note: round your answer to the nearest cent, and do not include spaces, currency signs, plus or minus signs, or commas) 1,290.51 895.79 margin of error +/- 10You plan to depost $5.300 a paying 10.3 percent interest & How much money will you have in the account in 25 years? Do not round intermediate calculations and round your answer to 2 decimal places. 3216) & How much will you have if you make deposits for 50 years? Do not round intermediate calculations and round your answer to 2 decimal places g.1216) 50
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