How long will it be before you have enough to buy the car


You're trying to save to buy a new $190,000 Ferrari. You have $30,000 today that can be invested at your bank. The bank pays 5.0 percent annual interest on its accounts. How long will it be before you have enough to buy the car?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: How long will it be before you have enough to buy the car
Reference No:- TGS0730663

Expected delivery within 24 Hours