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Mathematics, 31.03.2020 08:14 Jilly8874

Huang has a goal to have $50,000 in five years for a down payment on a house. He
invests in an annuity paying 6% interest, compounded monthly. How much does he
have to deposit each month to reach his goal? Enter your answer rounded to the
nearest cent. Omit the dollar sign and comma.

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Answers: 2

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Huang has a goal to have $50,000 in five years for a down payment on a house. He
invests in an...
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