You're trying to save to buy a new $190,000 Ferrari. You have $40,000 today that can be
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You're trying to save to buy a new $190,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 4.8 percent annual interest on its accounts. How long will it be before you have enough to buy the car?
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0078034633
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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