SOLUTION: Is it C? I want to check my answer.
Topic: Financial Mathematics
Jackson wants to have $18,000 available to buy a motorcycle in three years. How much should Jackson save e
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Question 1179984: Is it C? I want to check my answer.
Topic: Financial Mathematics
Jackson wants to have $18,000 available to buy a motorcycle in three years. How much should Jackson save each month if he earns 5% interest, compounded monthly?
The question is provided in the link here: https://i.imgur.com/HkeaBdW.png
Answer by ikleyn(52767) (Show Source): You can put this solution on YOUR website!
.
You just have a formula given.
So substitute your data into the formula and calculate.
I wish you to have fun doing your job.
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