Shaddam wants to save up some money for a boat. He can afford to invest $235 every

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Shaddam wants to save up some money for a boat. He can afford to invest $235 every month into an account that earns 8.3%, compounded monthly. -2 How long will it take for Shaddam's investment to reach $50,000? Express your answer as "years, months".

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Fundamentals of Financial Management

ISBN: 978-1337395250

15th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Apr 07, 2024 02:55 PM

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Shaddam wants to save up some money for a boat. He can afford to invest $235 every

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Fundamentals of Financial Management

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