Roger is saving money for a car that he would like to, Financial Management

Roger is saving money for a car that he would like to

Roger is saving money for a car that he would like to purchase five years from today. He plans on making five equal annual deposits into an account earning 2.0% interest, beginning today. How much will Roger have to spend on the car if he can deposit $4,000 each time?

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Financial Management: Roger is saving money for a car that he would like to

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