4 You need $3,000 to buy a new HDTV system If you have $1,200 to invest at 6 compounded annually, how long will you have to wait to buy the stereo 5 At an interest rate of 10 and using the Rule of 72, how long will it take to double the value of a lump sum invested today 4 You need $3,000 to buy a...

We can use the future value formula to solve for the time period required t ...

4. You need $3,000 to buy a new HDTV system. If you have $1,200 to invest...

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 13, 2023 04:13 AM

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4. You need $3,000 to buy a new HDTV system. If you have $1,200 to invest...

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