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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 16
Alana and Eva Rodrigue, arc planning a cross-country road trip in 3 years. They estimate $6.0(X) will be needed to cover expenses. The National Bank of Pinecrest is offering a 3-year CD paying 3.62% interest compounded quarterly.
a. How much should they set aside now to achieve their goal Round to the nearest whole dollar.
b. How much interest will Alana and Eva earn on the CD
a. How much should they set aside now to achieve their goal Round to the nearest whole dollar.
b. How much interest will Alana and Eva earn on the CD
Explanation
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Alana and Eva Rodriguez are planning a c...
Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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