Question
You want to buy your dream car which will cost you $5000. If you could invest your entire savings of $3000 at an annual
You want to buy your dream car which will cost you $5000. If you could invest your entire savings of $3000 at an annual interest of 10%, 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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Contemporary Engineering Economics
Authors: Chan S. Park
5th edition
136118488, 978-8120342095, 8120342097, 978-0136118480
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