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You want to purchase a $140,000 sports car, You have $36,000 today that can be Invested in an account that pays 6.G percent annual interest.
You want to purchase a $140,000 sports car, You have $36,000 today that can be Invested in an account that pays 6.G percent annual interest.
Assuming the price of the car remains constant, how many years before you have enough to buy the car?
Assuming the price of the car remains constant, how many years before you have enough to buy the car?
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Fundamentals Of Corporate Finance
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
6th Edition
0072553073, 9780072553079
