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You want to purchase a new house in future, and you are willing to pay $200,000. Currently you have $100,000 which you can invest at
You want to purchase a new house in future, and you are willing to pay $200,000. Currently you have $100,000 which you can invest at 9.6% APR compounded monthly. How many years will it be before you have enough money to pay cash for the house? 2 years O 10.41 years O 7.25 year 87 years 7.56 years
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