Question
You want to buy your dream car which will cost you $5300. If you could invest your entire savings of $3000 at an annual interest
You want to buy your dream car which will cost you $5300. If you could invest your entire savings of $3000 at an annual interest of11%, how long (in years rounded to two decimal places) would you have to wait until you have accumulated enough money to buy the car?
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Public Finance
Authors: Harvey Rosen, Robert Guell, Ted Gayer
9th Edition
0073511358, 9780073511351
