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Suppose you buy a new car right now with the total expense equals $38,500.00. How much would you have needed to invest 35 years ago
Suppose you buy a new car right now with the total expense equals $38,500.00. How much would you have needed to invest 35 years ago in an account paying 10% compounded annually to cover this amount?
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$1,643.99
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$1,369.99
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$1,095.99
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$1,506.99
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