Question
Linda Baer has already saved $ 4,624 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account
Linda Baer has already saved $ 4,624 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account earning 5 percent compounded annually, how long will it take to buy a car that costs $ 7,173?
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
