Mathematics, 12.12.2020 16:20 brendahndz8676
50 POINTS WILL MARK BRAINLIEST
Now say you invest the $6,500 and the highest interest rate you can find is 2.5% compounded annually, but you would have to leave the investment in the account for a minimum of 5 years. If you decide to wait 5 years to buy the car, how much more money will you have to save to buy a car at the $8,000 price? Use the compound interest formula A = P (1 + i)n. (Round final answer to the nearest cent, but otherwise donât round any intermediate values)
Please just tell me how to solve this :)
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50 POINTS WILL MARK BRAINLIEST
Now say you invest the $6,500 and the highest interest rate you can...
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