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Title: Mel Ross thinks he would like to buy a used car in five years for $8,000. He wants to put the money ... Post by: salonijainnn on Jan 22, 2024 Mel Ross thinks he would like to buy a used car in five years for $8,000. He wants to put the money aside now so that in five years the $8,000 will be available. His bank offers him 12% interest, compounded semiannually. Calculate what Mel must invest today? Note: Round your answer to the nearest cent. Title: Re: Mel Ross thinks he would like to buy a used car in five years for $8,000. He wants to put the money ... Post by: jmoline2 on Jan 22, 2024 Content hidden
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