Use an annuity table to solve the problem. Round to the nearest cent.The Greenes want to buy a new car and would like to have $9000 to put down on it. They can save $450 a quarter. If they deposit this amount in an account paying 6% compounded quarterly, how long will it be before they can purchase the car?
A. 3
years
B. 4
years
C. 4
years
D. 4 years
Answer: C
Mathematics
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