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  3. 2. you need $2,000 to buy a new stereo. if you hav

2. You need $2,000 to buy a new stereo. If you have $500 to invest...

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Finance

2. You need $2,000 to buy a new stereo. If you have $500 to invest at 14% compounded annually, how long will you have to wait to buy the stereo?

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