How much would you have to invest today at 8% compounded annually to have $25,000 available for the purchase of a car four years from now?
A) $18,267.26
B) $18,375.75
C) $19,147.25
D) $21,370.10
E) $22,149.57

Question

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The Answer of How much would you have to invest today at 8% compounded annually to have $25,000 available for the purchase of a car four years from now?
A) $18,267.26
B) $18,375.75
C) $19,147.25
D) $21,370.10
E) $22,149.57

How Much Would You Have to Invest Today at 8