SOLUTION: jenni wants to buy a car worth 50,000 in 3 years. How much money does she need to invest now in order to have the money in 3 years if she can earn 8% interest compounded monthly?

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Question 288994: jenni wants to buy a car worth 50,000 in 3 years. How much money does she need to invest now in order to have the money in 3 years if she can earn 8% interest compounded monthly?
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