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Solve using HPC CALC Faisal has $12,000 in his savings account and can save an additional $3,600 at the end of each year per year.
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Faisal has $12,000 in his savings account and can save an additional $3,600 at the end of each year per year. If interest rates are 12%, how long will it take his savings to grow to $47,000 ? 6 years 8 years 4 years 2 yearsStep by Step Solution
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
