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Stephen plans to purchase a car 3 years from now. The car will cost $48,840 at that time. Assume that Stephen can earn 7.09 percent
| Stephen plans to purchase a car 3 years from now. The car will cost $48,840 at that time. Assume that Stephen can earn 7.09 percent (compounded monthly) on his money. How much should he set aside today for the purchase? |
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Principles Of Commodity Economics And Finance
Authors: Daniel P. Ahn
1st Edition
0262038374, 9780262038379
