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(B) You're trying to save to buy a new $199,000 BMW 3 series sedan. You have S49,OOO today that can be invested at your
(B) You're trying to save to buy a new $199,000 BMW 3 series sedan. You have S49,OOO today that can be invested at your bank. The bank pays 47% annual interest on How long Will it be before you have enough to buy the car? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
