Question
You're saving to buy a new truck that costs $35,000. You have $29,000 today that can be invested at your bank. The bank pays 4.8
You're saving to buy a new truck that costs $35,000. You have $29,000 today that can be invested at your bank. The bank pays 4.8 percent annual interest on its accounts. It will be ______ years before you have enough to buy the truck.(Round your answer to 2 decimal places. (e.g., 32.16))
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Microeconomics
Authors: Dean Karlan, Jonathan Morduch
1st edition
978-0077332587, 007733258X, 978-0077332648, 77332644, 978-1259163531
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