Dave suggests that it would be better to invest this amount each month over your working life instead of always having a car payment. 1. Use the future value formula for an ordinary annuity to calculate the future value of investing $507 a month instead of making a car payment. Payment is 507% APR 8%. Frequency- monthly Length of Annuity- 40 years
Dave suggests that it would be better to invest this amount each month over your working life instead of always having a car payment. 1. Use the future value formula for an ordinary annuity to calculate the future value of investing $507 a month instead of making a car payment. Payment is 507% APR 8%. Frequency- monthly Length of Annuity- 40 years
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Dave suggests that it would be better to invest this amount each month over your working life instead of always having a car payment.
1. Use the future value formula for an ordinary annuity to calculate the future value of investing $507 a month instead of making a car payment.
Payment is 507% APR 8%.
Frequency- monthly
Length of Annuity- 40 years
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