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You're trying to save to buy a new $185,000 Tesla. You have $85,000 today that can be invested at your bank. The bank pays 8
You're trying to save to buy a new $185,000 Tesla. You have $85,000 today that can be invested at your bank. The bank pays 8 percent annual interest on its accounts. How many years will it be before you have enough to buy the car? Assume the price of the car remains constant.
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