## 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

Question

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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2021-11-16T05:47:35+00:00
2021-11-16T05:47:35+00:00 1 Answer
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## Answers ( )

Answer:c

Step-by-step explanation: