Question
Mike has $150,000 in savings. He would like to purchase a boat for $600,000. How many years will it be before Mike has enough money
Mike has $150,000 in savings. He would like to purchase a boat for $600,000. How many years will it be before Mike has enough money to purchase the boat if he invests his savings at 5.25%? (Round to the nearest whole number)
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Dark Finance
Authors: Fabio Mattioli
1st Edition
1503611655, 978-1503611658
