Question
You have already saved $6825 to buy a used car. You invest this money in a certificate of deposit earning 0.50% APR compounded monthly. How
You have already saved $6825 to buy a used car. You invest this money in a certificate of deposit earning 0.50% APR compounded monthly. How many years will it take your account to reach your target of $7450 in order to buy the new car?
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Forest Resource Economics And Finance
Authors: W. David Klemperer
1st Edition
0974021105, 978-0974021102
