You graduated from college and received $10,000 from your grandfather. You decide to save this money as
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You graduated from college and received $10,000 from your grandfather. You decide to save this money as a down payment for your home purchase and save it in an account that pays 10% annual interest. The amount you need as a down payment is $20,000. How long does it take from $10,000 to $20,000?
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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