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(A)How Long Will It Take Barbara to Accumulate $30,000 to Buy

Question 40

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(a)How long will it take Barbara to accumulate $30,000 to buy a car if she invests $15,000 at 5%? (b)How long will it take if she invests the same amount at 4% semi-annually?

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(a)$31,183.95 (appro...

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