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9. Calculating the Number of Periods (LO3) Youre trying to save to buy a new $190,000 BMW 3 series sedan. You have $40,000 today that

9. Calculating the Number of Periods (LO3) Youre trying to save to buy a new $190,000 BMW 3 series sedan. You have $40,000 today that can be invested at your bank. The bank pays 4.8% annual interest on its accounts. How long will it be before you have enough to buy the car?

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