Mathematics, 13.04.2021 01:00 johnsonwhitney2
Samantha knows that she needs $22,000 for a 10% down payment on a house she can afford. She found an investment that earns 2.75% interest compounding monthly. How much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment amount in 5 years?
$4,320
$19,177
$13,371
$5,649
Answers: 3
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