You want to buy a car without going into debt. You are budgeting $55,197 for the purchase price and you want to make the

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You want to buy a car without going into debt. You are budgeting $55,197 for the purchase price and you want to make the

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You Want To Buy A Car Without Going Into Debt You Are Budgeting 55 197 For The Purchase Price And You Want To Make The 1
You Want To Buy A Car Without Going Into Debt You Are Budgeting 55 197 For The Purchase Price And You Want To Make The 1 (24.76 KiB) Viewed 11 times
You want to buy a car without going into debt. You are budgeting $55,197 for the purchase price and you want to make the purchase in 6 years. You think you can earn 11.90% per year on any savings you generate between now and the car purchase. How much will you have to deposit at the end of each month in order for you to be able to pay cash for that car in 6 years? Please enter your answer to the nearest penny.
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