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6. Your athletic department needs to purchase three passenger vans in three years. They project the cost at that time to be $120,000. Currently you
6. Your athletic department needs to purchase three passenger vans in three years. They project the cost at that time to be $120,000. Currently you have $98,000 set aside for the vans. What return on your money must you receive to be able to purchase the vans in three years? Document how you arrived at your calculations.
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