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Mathematics, 03.03.2020 23:51 genyjoannerubiera

Missy knows that she needs $40,000 for a down payment on a house. She found an investment that earns 3.05% interest compounding monthly. She
vould like to purchase the home in 5 years. How much should she put in the account now to ensure she has her down payment?
$46,580.69
$8,872.33
$34,349.00
$27,770.97

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Answers: 3

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