Youre trying to save to buy a new 250000 ferrari you have


You're trying to save to buy a new $250,000 Ferrari. You have $43,000 today that can be invested at your bank. The bank pays 5 percent annual interest on its accounts.

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

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Finance Basics: Youre trying to save to buy a new 250000 ferrari you have
Reference No:- TGS02641955

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