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Q12 and Q13 thanks 12. If you believe your mutual fund can achieve an annual rate of return of 10 percent and you want to
Q12 and Q13 thanks
12. If you believe your mutual fund can achieve an annual rate of return of 10 percent and you want to buy the $300,000 Ferrari car in 12 years (on the day you turn 30), how much must you invest today? 13. If you deposit $4,500 at the end of each of the next 30 years into an account paying 8 percent interest, how much money will you have in the account in 30 years Step by Step Solution
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