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    Exam 2: Tools for Financial Planning - Applying Time Value Concepts
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    John Wants to Have a $10 000 Down Payment for His
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John Wants to Have a $10 000 Down Payment for His

Question 71

Question 71

True/False

John wants to have a $10 000 down payment for his car in three years.If he puts away $7,000 today and gets a 12.6% annual return,he will have the money he needs.

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