The price of a car you want is $39,000 today. Its price is expected to increase by
Fantastic news! We've Found the answer you've been seeking!
Question:
The price of a car you want is $39,000 today. Its price is expected to increase by $1000 each year. You now have $23,500 in an investment account, which is earning 11% per year. How many years will determine the time taken.) it be before you have enough to buy the car without borrowing any money?
Related Book For
Posted Date: