Solve the problem.Barbara knows that she will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should she invest now at 3%, compounded quarterly, so that she will have enough to buy a new car?
A. $13,309.76
B. $14,132.76
C. $12,939.13
D. $13,727.12
Answer: A
Mathematics
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Mathematics