A Man Estimates That the Computer He Plans to Buy

question 139

Multiple Choice

A man estimates that the computer he plans to buy in 17 months will cost $3,100.To meet this goal, how much should he deposit in an account paying 12.6%, compounded monthly?

• A)$2,565.64
• B)$2,575.64
• C)$2,599.64
• D)$2,595.64
• E)none of the above

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A question that can be answered through observation, experimentation, or other data gathering methods.

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