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How many years will it take you to accumulate
Course:- Business Economics
Reference No.:- EM132281347





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Assignment Help >> Business Economics

You graduated from college and landed a good job. You want to replace your car but you do not want to take out a car loan. Instead, you decide to invest $100 per month in the stock market and hope to earn 8%. If the market performs as you hope, how many years will it take you to accumulate $30,000. Ignore taxes.




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