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Suppose that when you turned 16, you look to have saved/invested enough to buy your dream car. Your dream car cost you $32,000 brand new.

Suppose that when you turned 16, you look to have saved/invested enough to buy your dream car. Your dream car cost you $32,000 brand new. If the value of the car depreciates continuously at a rate of 7% per year and you decide to invest $150 into an account each month that collects 4.5% interest, how long will it take for you to have saved up enough to buy your dream car? image text in transcribed
Suppose that when you turned 16, you look to have saved/invested enough to buy your dream car. Your dream car costs you $32,000 brand new. If the value of the car depreciates continuously at a rate of 7% per year and you decide to invest $150 into an account each month th n clects 4.5% interest, how long will it take for you to have saved up enough to buy your dream car

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