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He has found a mutual fund that pays 45 annual interest in

Jack must buy her a new $330,000 Rolls-Royce Phantom. Jack currently has $45,530 that he may invest. He has found a mutual fund that pays 4.5% annual interest in which he will place the money. How long will it take Jack to win Jill's hand in marriage?

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Finance Basics: He has found a mutual fund that pays 45 annual interest in

Reference No:- TGS02840105

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