keshaayro5875 keshaayro5875
  • 27-02-2024
  • Mathematics
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You plan to buy a $12,000 sailboat in four years. How much should you invest now, at 7.3% simple interest, to have enough for the boat in four years? (Round up to the nearest cent.)
a) $8,687.67
b) $8,699.15
c) $8,701.78
d) $8,714.29

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