Question:

Sarah wants to save for a car that costs $5000. She has

Last updated: 7/26/2022

Sarah wants to save for a car that costs $5000. She has

Sarah wants to save for a car that costs $5000. She has $4250 in a savings account earning 1.49% compounded quarterly. If Sarah has four years until she gets her driver's license, will she have enough to buy a car? Use the TVM calculator to solve Explain.