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You want to purchase a new car and you are willing to pay $20,000. If you can invest at 10% per year and you currently

You want to purchase a new car and you are willing to pay $20,000. If you can invest

at 10% per year and you currently have $15,000, how long will

it be before you have enough

money to pay cash for the car

1. Please provide the formula and input the information into the formula.

2. Please show how to obtain the answer using the calculator. whats the PV FV I/Y and CPT,N

VERY IMPORTANT I NEED TO BE ABLE TO SEE WHAT TO INPUT IN THE CALCULATOR. THANK YOU

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