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Hillier Hillier
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Posts: 550
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6 years ago
Mark deposits $900 at the end of each month in a savings account earning 4.5% quarterly. How soon can he buy his first car assuming that he needs $8 000 for a decent car.
A) 8.76 months
B) 8.52 months
C) 9.06 months
D) 9 years
E) 8.86 months
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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SupremeSupreme
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6 years ago
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Hillier Author
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6 years ago
Correct, thank you
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