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10. You need $50,000 to buy a new car. If you have $25,000 now to invest at 8% annual interest rate, how long will you

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10. You need $50,000 to buy a new car. If you have $25,000 now to invest at 8% annual interest rate, how long will you have to wait to buy the new car, if the car price does not increase? A. 9 years B. 14 years C. 20 years D. none of the above; the correct answer is

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