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Mathew knows that he will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should he invest now at 10%, compounded quarterly, so that he will have enough to buy a new car? a. $12,340.54 c. $10,104.37 b. $11,269.72 d. $9313.82

2 Answers

4 votes

Answer:

c

Explanation:

User Yannan Wang
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4 votes
The answer is C- $10,104.37

User Jwegner
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