If you desire to have $10,000 for a down payment for a house in five years, what

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If you desire to have $10,000 for a down payment for a house in five years, what amount would you need to deposit today? Assume that your money will earn 4 percent.

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 19, 2018 09:33 AM

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If you desire to have $10,000 for a down payment for a house in five years, what

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