Question: Scenario: You inherit $ 2 0 , 0 0 0 from your aunt and want to use it to buy a car, but also would

Scenario: You inherit $20,000 from your aunt and want to use it to buy a car, but also would like to put some in a Simple Interest savings account (that REINVESTS the Interest each year ) for your nephew's education in 20 years. This is sometimes referred to as rolling over the interest.
Scenario: You inherit $20,000 from your aunt and want to use

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