Page 1 of 1

You have £2,000 and you are interested in buying a car that will cost you £8,000. If you earn interest at the rate of 12

Posted: Mon Nov 15, 2021 5:05 pm
by answerhappygod
You have £2,000 and you are interested in buying a car that will
cost you £8,000. If you earn interest at the rate of 12% per year,
how long (approximately) will you have to wait before you buy this
car?
a. 13 years b. 15 years c. 18 years d. 10 years