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Business, 12.03.2021 15:30 kay20081

Stephanie is planning to buy a house and starts a savings account with an interest rate of 2.5% per year. She wishes to save $15,000 for a down payment on the house after 5 years. How much money would she have to deposit annually to have the down payment after 5 years if she makes the first deposit now and the last deposit in year 5

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