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In 20 years you would like to have $250,000 to buy a home, but you only have $30,000. At what rate must your $30,000 be
In 20 years you would like to have $250,000 to buy a home, but you only have $30,000. At what rate must your $30,000 be compounded annually for it to grow to $250,000 in 20 years?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Louis C. Gapenski
4th Edition
0030754828, 978-0030754821
