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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Isabella 3 weeks 2021-11-16T05:47:35+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-11-16T05:48:59+00:00

    Answer:

    c

    Step-by-step explanation:

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