Jasica Parker would like to have $68,000 to buy a new car in 5 years. To accumulate $68,000 in 5 years, how much should she invest monthly in a sinking fund with 9% interest compounded monthly? The...

18Jasica Parker would like to have $68,000 to buy a new car in 5 years. To accumulate $68,000 in 5 years, how much should she invest monthly in a sinking fund with 9% interest compounded monthly?<br>The monthly invested payment is $-<br>(Round up to the nearest cent.)<br>

Extracted text: Jasica Parker would like to have $68,000 to buy a new car in 5 years. To accumulate $68,000 in 5 years, how much should she invest monthly in a sinking fund with 9% interest compounded monthly? The monthly invested payment is $- (Round up to the nearest cent.)

Jun 05, 2022
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