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12. You want to purchase a new car, and you are willing to pay $24,158. If you can invest at 10% per year and you

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12. You want to purchase a new car, and you are willing to pay $24,158. If you can invest at 10% per year and you currently have $15,000, how long will t be before you have enough money to pay cash for the car? a. 1 year b. 2 years c. 3 years d. 4 years e. 5 years

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