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Your athletic department needs to purchase three passenger vans in three years. They project the cost at that time to be $120,000. Currently you have
- Your athletic department needs to purchase three passenger vans in three years. They project the cost at that time to be $120,000. Currently you have $98,000 set aside for the vans. What return on your money must you receive to be able to purchase the vans in three years?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
