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3 years ago

6

A young couple wants to save $40,000 over the next 5 years and then use this money as a down payment on a home. How much money m

ust they deposit at the end of each quarter in an account that earns 5% compounded quarterly?

1 answer:

saul85 [17]3 years ago

5 0

5% of 40,000 is 2,000

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