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You just received an inheritance of $30,000. You need $48,000 to buy a car. If you can earn a stable 5% annual rate of return

You just received an inheritance of $30,000. You need $48,000 to buy a car. If you can earn a stable 5% annual rate of return on your $30,000, how long will it take you to get to your goal? Question 2Answer a. 10.01 years b. 8.76 years c. 10.47 years d. 9.14 years e. 9.63 years

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