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You spendthrift cousin want to buy a fancy watch for $425. Instead, you suggest that she buy an inexpensive watch for $25and save the difference of $400 for 40years in account earning 9% interest per year. how much will she accumulate in this account after 40 years have passed?

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M9479078

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