Q1. Martha wants to save up $100,000 as soon as possible so that she can use...
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Q1. Martha wants to save up $100,000 as soon as possible so that she can use it as a down payment on her dream house. She figures that she can easily set aside $8,000 per year and earn 8% annually on her deposits. How many years will Martha have to wait before she can buy that dream house? Q1. Martha wants to save up $100,000 as soon as possible so that she can use it as a down payment on her dream house. She figures that she can easily set aside $8,000 per year and earn 8% annually on her deposits. How many years will Martha have to wait before she can buy that dream house?
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