question archive You are planning to buy a new computer next Boxing Day (December 26)
Subject:BusinessPrice: Bought3
You are planning to buy a new computer next Boxing Day (December 26). You are told the price will be $59999 plus 12 in provincial and federal taxes. On October 1, you can put money into a savings account that can earn 23. How much money will you have to invest on October 1 to have the full amount of the purchase?