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Pie
4 years ago
7

Jared is saving for a new house. He wants to make a down payment of 42,500 in three years. How much money must he invest now at

3.75% compouned monthly in order to have the down payment in three years?
N= 1%= PV= PMT=
FV= P/Y= C/Y= ANSWER=​
Business
1 answer:
adell [148]4 years ago
8 0

Answer:

31166.37

Explanation:

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