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Mathematics, 05.05.2020 01:00 coolcat3190

Alex wants to have $10,000 for a car in 8 years. Alex finds an account that earns 15% interest, compounded monthly. How
much does Alex need to invest to have at least $10,000 in 8 years?
a. about $5,000
b. about $3,000
c. about $8,000
d. None of the above

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