Question
You need $15,000 to make down payment for a house, but have only $4,000, which you can invest at 12% compounded annually. How many years
You need $15,000 to make down payment for a house, but have only $4,000, which you can invest at 12% compounded annually. How many years will you have to wait to buy the house?
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Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
13th Edition
0073382388, 978-0073382388
