Register

Jenny wants to buy a car by making payments of $120 per month in an account for three years. If her bank account is giving her 2.4% interest rate per year, compounded monthly. H…

Jenny wants to buy a car by making payments of $120 per month in an account for three years. If her bank account is giving her 2.4% interest rate per year, compounded monthly. H…
asked 148k views
2 votes
Jenny wants to buy a car by making payments of $120 per month in an

account for three years. If her bank account is giving her 2.4% interest rate

per year, compounded monthly. How much money will Jenny have to buy a

car.

asked
User Aayush Anand
by
7.8k points

1 Answer

2 votes
103,680 dollars to buy the car
answered
User Sydney Loteria
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!