Question
Youre trying to save to buy a new $240,000 Ferrari. You have $41,000 today that can be invested at your bank. The bank pays 4.8
Youre trying to save to buy a new $240,000 Ferrari. You have $41,000 today that can be invested at your bank. The bank pays 4.8 percent annual interest on its accounts.
| Required: |
| How long will it be before you have enough to buy the car? |
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Sustainable Finance And Banking
Authors: Marcel Jeucken
1st Edition
1853837660, 978-1853837661
