47. Future Values. I now have $20,000 in the bank earning interest of .5% per month. I...

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47. Future Values. I now have $20,000 in the bank earning interest of .5% per month. I need $30,000 to make a down payment on a house. I can save an additional $100 per month. How long will it take me to accumulate the $30,000? (LO3)

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Fundamentals Of Corporate Finance

ISBN: 9780073382302

6th Edition

Authors: Richard A Brealey, Stewart C Myers, Alan J Marcus

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Question Posted: Jul 31, 2024 09:01 AM

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47. Future Values. I now have $20,000 in the bank earning interest of .5% per month. I...

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Fundamentals Of Corporate Finance

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