How much do you need to deposit today

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Reference no: EM132051562

Question

You want to have $35,000 in cash to buy a car 3 years from today. You expect to earn 3.6 percent, compounded annually, on your savings. how much do you need to deposit today if this is the only money you save for this purpose?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132051562

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