You plan to buy a boat in 10 years for no more than $25,000. If interest rates
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You plan to buy a boat in 10 years for no more than $25,000. If interest rates are running 5% annually, calculate how much you need to put away each year using the following methods:
a) Long-hand formula
b) Reference table (Use Table A-3)
c) Financial calculator
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Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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