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Mathematics, 02.08.2019 09:30 erniewernie

You want to have $40,000 for a down payment on a house 4 years from now. if you can earn 5.6 percent, compounded annually on your savings, how much do you need to deposit today to reach your goal?

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You want to have $40,000 for a down payment on a house 4 years from now. if you can earn 5.6 percent...
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