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Posted on Jul 25, 2024

You would like to buy a new car. You estimate that the car will cost $ 6 3 , 0 0 0 in two years.

You would like to buy a new car. You estimate that the car will cost $

63, 000

in two years. If you can earn

9

percent, how much do you have to invest today to buy the car in two years?

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