SOLUTION: Barbara knows that she will need to buy a new car in 2 years. The car will cost $15000 by then. How much should she invest now at 6%, compounded quarterly, so that she will have en
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Question 346843: Barbara knows that she will need to buy a new car in 2 years. The car will cost $15000 by then. How much should she invest now at 6%, compounded quarterly, so that she will have enough to buy a new car? Round to the nearest cent. Please show equation and work. Answer by rfer(16322) (Show Source):
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