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Assume you want to buy Lamborghini in 10 years for $1 million. Interest rate is 6% per year. You plan to save every month to
- Assume you want to buy Lamborghini in 10 years for $1 million. Interest rate is 6% per year. You plan to save every month to achieve your goal. How much should be the monthly saving over the next 120 months (10 years) if interest is compounded monthly?
- a. $8,333
- b. $6,102
- c. $13,333
- d. $3,333
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The Handbook Of Mergers And Acquisitions
Authors: David Faulkner, Satu Teerikangas, Richard J. Joseph
1st Edition
0199601461, 978-0199601462
