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Youre trying to save to buy a new $210,000 Ferrari. You have $35,000 today that can be invested at your bank. The bank pays 4.2
Youre trying to save to buy a new $210,000 Ferrari. You have $35,000 today that can be invested at your bank. The bank pays 4.2 percent annual interest on its accounts. |
How long will it be before you have enough to buy the car? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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