Calculate number of periods, Financial Accounting

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Calculate number of periods

Problem

Calculate Number of Periods (Excel Approach). You will be using Microsoft Excel to calculate this. You want to purchase a new car and you are willing to pay $20,000. If you can invest at 10% per year and you currently have $15,000, how long will it be before you have enough money to pay cash for the car?

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Financial Accounting: Calculate number of periods

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Financial Accounting: Calculate number of periods

Reference No:- TGS03358357

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