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Mathematics, 18.09.2019 20:50 alexandergonzalez38

Solve the problem. round to the nearest cent.
mark knows that he will need to buy a new car in 5 years. the car will cost $15,000 by then. how much should he invest now at 8%, compounded quarterly, so that he will have enough to buy a new car?
a. $9452.54
c. $12,328.91
b. $11,025.45
d. $10,094.57

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Answers: 2

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Solve the problem. round to the nearest cent.
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