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Mathematics, 04.10.2020 03:01 mgreenamb

Martin needs $15,900 to purchase a boat. How much money will he need to invest today in a savings account earning 2.9% interest, compounding quarterly, to have enough money to purchase the boat in 13 years?

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Martin needs $15,900 to purchase a boat. How much money will he need to invest today in a savings ac...
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