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TB 05-240 Five years from now, you would like to purchase... Five years from now, you would like to purchase a Tesla cybertruck. You will

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TB 05-240 Five years from now, you would like to purchase... Five years from now, you would like to purchase a Tesla cybertruck. You will have saved $75,000 by that time for purchasing the cybertruck. You could afford a Tesla cybertruck that is currently selling for if the prices of these trucks increase in value by 4% annually, but if the trucks increase in value by 6% annually, you can only afford a cybertruck priced at today. Multiple Choice $62,445;$56,044 $71,365;$64,855 $61,645;$56,044

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