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Dahasolnce
2 months ago
13

To have $25,000 to spend on a new car in five years, how much money should Jill invest today at 8% compounded monthly?

Mathematics
2 answers:
Zina [12.3K]2 months ago
8 0
The correct option is C. $16,780.
Leona [12.6K]2 months ago
7 0
The choice is B. If calculations are performed correctly, the result would be 16,463.
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