Saving for a Car Sheila wants to invest an amount every 3 months so that she will have
Chapter 6, Problem 27(choose chapter or problem)
Saving for a Car Sheila wants to invest an amount every 3 months so that she will have $12,000 in 3 years to buy a new car. The account pays 2% compounded quarterly. How much should she deposit each quarter to have $12,000 after 12 deposits?
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