Able to buy the watch when you graduate

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Reference no: EM132218276

You are just starting graduate school part-time, and you've decided you want to buy a used Patek Phillipe watch when you graduate in four years. The watch will cost $34,995. You think you can save $600 a month during your four years of college. If interest rates are about 4%, will you be able to buy the watch when you graduate?

Reference no: EM132218276

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