Crispy1611 Crispy1611

26-02-2024
Business

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A friend of yours wants to start investing to purchase his dream car one day. to do this, he would like to double the current money he has saved in 12 years. what interest rate does he need to achieve his goal?
a) Approximately 5.8%
b) Approximately 6.1%
c) Approximately 6.3%
d) Approximately 6.5%

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