You have estimated that your vehicle will need to be replaced 10 years from now at a cost of K120, 000. If the interest rate is fixed at 10%, how much do you need to set aside every three months to provide for that money 10 years from now?
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- You have estimated that your vehicle will need to be replaced 10 years from now at a cost of K120, 000. If the interest rate is fixed at 10%, how much do you need to set aside every three months to provide for that money 10 years from now?
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