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# Jasica Parker would like to have \$84,000 to buy a new car in 7years. To accumulate \$84,000 in 7 years, how much should sheinvest monthly in a sinking fund with 3% i...

## Question

###### Jasica Parker would like to have \$84,000 to buy a new car in 7years. To accumulate \$84,000 in 7 years, how much should sheinvest monthly in a sinking fund with 3% interestcompounded monthly?

Jasica Parker would like to have \$84,000 to buy a new car in 7 years. To accumulate \$84,000 in 7 years, how much should she invest monthly in a sinking fund with 3% interest compounded monthly? #### Similar Solved Questions

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Suppose the mean number of days to germination of a variety of seed is 22, with standard deviation 2.3 days. For a sample of 160 seeds, (a) what is the mean of the sampling distribution (px)? [Select ] (b) what is the standard deviation of the sampling distribution (0x)? [Select ] (c) what is the pr...
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LeiLu5s3y Cole Ingram: Attempt Yuc liui PumILA Listen study analyzed data from the National Longitudinal Studv of Adolescent Health Participants were followed into adulthood Each study participant was categorized a5 to whether they ' were obese (BMI 30) or not and whether they were dating; coha...
##### Unit Discussion QuestionWhen solving linear equation in one variable there are possible outcomes: one solution; no solutions or all real numbers are solutions Write an example of_ linear equation that has no solution and one linear equation that has all real numbers as solutions Describe inyour words howyou "know" which type of equation you have_
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