Mathematics, 10.07.2021 01:00 angeleyes4u610p6np54

(50 POINTS)Please help me, and show all of your work step by step. You would like to purchase a car in 2 years. How much money will you need to invest at a 1.4% interest rate compounded annually in order to have $8,000 in 2 years? Use the compound interest formula A = P(1 + i)^n.
A = accumulated amount
P = principle
i = interest rate
n = number of years

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(50 POINTS)Please help me, and show all of your work step by step. You would like to purchase a car...

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