Antonio plans to buy a new car three years from now rather, Financial Management

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Antonio plans to buy a new car three years from now rather

Antonio plans to buy a new car three years from now. Rather than borrow at that time, he plans to invest part of a small inheritance at 7.5% compounded semi annually to cover the estimated $6000 trade-in difference. How much does he need to invest if he starts investing now? Show work

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Financial Management: Antonio plans to buy a new car three years from now rather

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