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Mrs. Torpa would like to buy a new automobile. She has P50,000.00 but the car costs P68,500. If she can earn 9%, Since she already

Mrs. Torpa would like to buy a new automobile. She has P50,000.00 but the car costs P68,500. If she can earn 9%, Since she already computed the amount she has to invest today to buy the car in two years, Does she have enough? How much is the difference, assume the price will stay the same.

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