Malcolm wishes to save for a down payment on a house. He will need $10,000 in 5

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Malcolm wishes to save for a down payment on a house. He will need $10,000 in 5 years. How much must he save each year if he makes a deposit at the end of every year and he receives 7% per annum on his money?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Dec 01, 2023 03:45 AM

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Malcolm wishes to save for a down payment on a house. He will need $10,000 in 5

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Personal Finance Turning Money into Wealth

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