You are saving money to buy a house. You will need $7,473.50 to make the down payment.

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You are saving money to buy a house. You will need $7,473.50 to make the down payment. If you can deposit $500 per month in a savings account which pays 1% per month, how long will it take you to save the $7,473.50?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Nov 03, 2023 02:11 AM

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You are saving money to buy a house. You will need $7,473.50 to make the down payment.

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To calculate how long it will take to save 747350 with a monthly deposit of 500 and an interest rate ... View the full answer

Personal Finance

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