Mathematics, 11.10.2020 16:01 MoogleCaliS

Trisha needs to save $8000 in order to afford to buy a car in five years. She is going to invest in a savings account that promises an APY (Annual Percentage Yield) of 6%.
Rounded to the nearest penny, how much does she need to invest?

Answers: 2

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Trisha needs to save $8000 in order to afford to buy a car in five years. She is going to invest in a savings account that promises an APY (Annual Percentage Yield) of 6%. Rounded to the nearest penny, how much does she need to invest?

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Another question on Mathematics

Trisha needs to save $8000 in order to afford to buy a car in five years. She is going to invest in a savings account that promises an APY (Annual Percentage Yield) of 6%.
Rounded to the nearest penny, how much does she need to invest?