Anthony Would Like to Have $18,000 to Buy a New

question 71

Short Answer

Anthony would like to have $18,000 to buy a new car in three years.Currently,he has saved $15,000.If he puts $15,000 in an account that earns 6% interest,compounded annually,will he be able to buy the car in three years?

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Definitions:

Toxic Agents

Substances that cause harm to organisms through chemical reactions or other mechanisms when absorbed into the body.

Placenta

A temporary organ that connects the developing fetus to the uterine wall to allow nutrient uptake, waste elimination, and gas exchange through the mother's blood supply.

Pregnant Woman

A female in the state of carrying a developing embryo or fetus within her body.

Fetal Alcohol

Pertains to Fetal Alcohol Syndrome, a condition caused by alcohol exposure during pregnancy that can result in growth defects and neurological disorders.