In ten years time a person would like to have accumulated $20,400 so they can make...
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In ten years time a person would like to have accumulated $20,400 so they can make a down payment on a house. How much do they need to deposit today at an annual interest rate of 6.07% if the account compounds semiannually? Enter a number rounded to two decimal places. In ten years time a person would like to have accumulated $20,400 so they can make a down payment on a house. How much do they need to deposit today at an annual interest rate of 6.07% if the account compounds semiannually? Enter a number rounded to two decimal places.
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