Business, 09.07.2020 02:01 colrow1968
Suppose you are committed to owning a $245,000 Ferrari. If you believe your mutual fund can achieve an annual rate of return of 11.2 percent and you want to buy the car in 9 years (on the day you turn 30), how much must you invest today?
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Suppose you are committed to owning a $245,000 Ferrari. If you believe your mutual fund can achieve...
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