Accumulated enough money to buy the car


Problem:

You want to buy your dream car, but you are $5,000 short. If you could invest your entire savings of $2,350 at an annual interest of 12%, how long would you have to wait until you have accumulated enough money to buy the car?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Accumulated enough money to buy the car
Reference No:- TGS02034826

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)