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You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. IS THIS AND INVESTMENT OR SAVINGS
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- please quickly thanks !describe something you can do to increase your savings for retirement.You’re trying to save to buy a new $245,000 Ferrari. You have $50,000 today that can be invested at your bank. The bank pays 4.6 percent annual interest on its accounts.How long will it be before you have enough to buy the car?