You want to save up $11,500 to purchase a used car in 4 years. Your account earns an annual rate of 5.1% compounded monthly. How much do you need to deposit each month to meet your goal? .2 Round your...


You want to save up $11,500 to purchase a used car in 4 years. Your account earns<br>an annual rate of 5.1% compounded monthly. How much do you need to deposit<br>each month to meet your goal?<br>.2<br>Round your answer to two decimal places. Do not include the $ sign in your answer.<br>15<br>Your Answer:<br>

Extracted text: You want to save up $11,500 to purchase a used car in 4 years. Your account earns an annual rate of 5.1% compounded monthly. How much do you need to deposit each month to meet your goal? .2 Round your answer to two decimal places. Do not include the $ sign in your answer. 15 Your Answer:
You wish to deposit $200 each month over the next 20 years into an account that<br>has an annual rate of 6.4% compounded monthly. How much is in the account at the<br>end of 20 years?<br>Round<br>your answer to two decimal places. Do not include the $ sign in your answer.<br>Your Answer:<br>

Extracted text: You wish to deposit $200 each month over the next 20 years into an account that has an annual rate of 6.4% compounded monthly. How much is in the account at the end of 20 years? Round your answer to two decimal places. Do not include the $ sign in your answer. Your Answer:

Jun 04, 2022
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