Jenna would like to purchase a new car in three years.If she saves $1000 per year in an account that pays 8% annual interest for the next 3 years,how much will she have saved for a down payment? (Round the final answer to the nearest dollar. )
Values for i = 8%,n = 3
A) $3246
B) $3772
C) $3577
D) $2577
Correct Answer:
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