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Author Question: You want to buy a Nissan 300Z on your 27th birthday. You have priced these cars and found that they ... (Read 32 times)

humphriesbr@me.com

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on: Apr 25, 2021
You want to buy a Nissan 300Z on your 27th birthday. You have priced these cars and found that they currently sell for $25,000. You believe that the price will increase by 10 percent per year until you are ready to buy. You can presently invest to earn 14 percent. If you just turned 20 years old, how much must you invest at the end of each of the next 7 years to be able to purchase the Nissan in 7 years?
◦ $8,881.21
◦ $4,540.14
◦ $4,652.18
◦ $4,239.56
◦ $5,072.09
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by humphriesbr@me.com on Apr 25, 2021

Brenm

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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humphriesbr@me.com

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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