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You have 2,000 and you are interested in buying a car that will cost you 8,000. If you earn interest at the rate of 12%
You have 2,000 and you are interested in buying a car that will cost you 8,000. If you earn interest at the rate of 12% per year, how long (approximately) will you have to wait before you buy this car?
a. 13 years b. 15 years c. 18 years d. 10 years
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