Question:

Finance. A person wishes to have $22,600 cash for a new car

Last updated: 8/12/2022

Finance. A person wishes to have $22,600 cash for a new car

Finance. A person wishes to have $22,600 cash for a new car 6 years from now. How much should be placed in an account now, if the account pays 5.4% annual interest rate, compounded weekly?