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Business, 05.02.2021 02:00 zelles9300

You are planning to buy a house in five years. How much do you need to deposit today to have a $10,000 down payment if your investment will make 6%? *Remember to determine what you're solving for first:

Simple interest

Present or future value of a single amount

Present or future value of an annuity (a series of deposits).

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