You have $15,000 to invest today. You hope to buy a new car that costs $25,000 in

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You have $15,000 to invest today. You hope to buy a new car that costs $25,000 in four years. What approximate rate of interest must you earn to achieve your goal?

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Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

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Question Posted: Mar 19, 2015 10:29 AM

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You have $15,000 to invest today. You hope to buy a new car that costs $25,000 in

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2500015000 16667 FVIF 4 years 14 4 ...View the full answer

Personal Finance An Integrated Planning Approach

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