Question: MC algo 5 - 6 Calculating Future Values Today, your dream car costs $ 6 1 , 1 0 0 . You feel that the
MC algo Calculating Future Values
Today, your dream car costs $ You feel that the price of the car will increase at an annual rate percent. If you plan to wait years to buy the car, how much will it cost at that time? Assume annual compounding.
Multiple Choice
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