williamsgregg3845 williamsgregg3845
  • 01-09-2020
  • Business
contestada

Suppose you are committed to owning a $220,000 Ferrari. If you believe your mutual fund can achieve an annual return of 10.85 percent, and you want to buy the car in 8 years on the day you turn 30, how much must you invest today

Respuesta :

tahurakhanam4
tahurakhanam4 tahurakhanam4
  • 08-09-2020

Answer:

2,291,520

Explanation:

220,000×10.85%=23,870

23,870×96=2,291,520

Answer Link

Otras preguntas

vigyan doctor 3 meter kise kahate Hain​
3. The boy has a near-death illness. What does the father seriously consider doing? Why?
what was discovered in 2010 that helped scientists figure out who tuts parents were
The annual precipitation in alberta rages from 600 mm to 300 mm is this weather or climate
Which statement names a major difference between fresh and ocean water?A. Fresh water contains too many pollutants for people to drinkB. Ocean water contains to
calculate the length of third side of triangle if one side is 38.5 inches and the second side is 30 inches
what is 1/10 of 0.002
How to Evaluate the Expression : -3.75-(6 1/4)
which of the following did leonardo da vinci sketch?
I ¦ Q.3 Fill in the blanks with suitable indefinite pronouns. a) Virat is throwing a party is invited.​