5) In 6 years Rob plans to buy a car that he estimates will cost...
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Accounting
5) In 6 years Rob plans to buy a car that he estimates will cost $25,000 How much should he invest at 6% compounded quarterly? This is a one time investment (no regular payments see #3). N = 1% = PV = PMT = FV = PAY = c/Y = PMT: END BEGIN
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