Business, 30.07.2021 01:10, Loganstilson9847

Suppose you are committed to owning a $346,000 Ferrari. If you believe your mutual fund can achieve an annual rate of return of 11 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 $346,000 Ferrari. If you believe your mutual fund can achieve...