Question
You're trying to save to buy a new $180,000 ferrari. You have 29,000 today that can be invested at your bank. The bank pays 3.6
You're trying to save to buy a new $180,000 ferrari. You have 29,000 today that can be invested at your bank. The bank pays 3.6 percent annual interest on its accounts. How long will it be before you have enough to buy the new car?
what variable are you solving for?
What are the known variables?
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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
