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).
Answers: 3
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You are planning to buy a house in five years. How much do you need to deposit today to have a $10,0...
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