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You want to buy your dream car, but you are $5,000 short.

6. You want to buy your dream car, but you are $5,000 short. If you could invest your entire savings of $2,350 at an annual interest of 12%, how long would you have to wait until you have accumulated enough money to buy the car?

a. 9.40 years
b. 3.48 years
c. 7.24 years
d. 6.66 years

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Dear Student Please find... View the full answer

Finance-8197283.xls

If you want the formulas and any calculations, select the corresponding cell and press F2(Function Key on key board),
It will show all calculations and formulas Automatically
Please Give Me the...

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