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Suppose you want to purchase a million dollars home in twenty years How much money should you invest each year at 10% to purchase the
Suppose you want to purchase a million dollars home in twenty years How much money should you invest each year at 10% to purchase the house in cash? Decision making. Suppose that a person has the following options: a. Placing a $10,000 in a savings account paying 6% compounded semiannually or b. Investing in a business such that the value of the investment after 8 years is $16,000. Which is a better investment
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