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You would like to buy yourself a fabulous new car. You have $50,000 but the car costs $68,500. If you can earn 9% interest on
- You would like to buy yourself a fabulous new car. You have $50,000 but the car costs $68,500. If you can earn 9% interest on a two year investment, how much would you have to invest today to buy the car in two year? Do you have enough? Assume the price of the car will remain the same.
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
