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tetleyelmo tetleyelmo
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7 years ago
You currently have $48,000 in your bank account, which pays annual interest of 5%, and you are saving up to buy a brand new $150,000 Jaguar convertible. In how many years will you have enough money to buy the car?
A) 26.0 years
B) 25.0 years
C) 18.0 years
D) 20.0 years
E) 24.0 years
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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tetleyelmo Author
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7 years ago
Thanks
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Yesterday
this is exactly what I needed
dri
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2 hours ago
Correct Slight Smile TY
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