Question: A couple wants to save up for a down payment on a house. They think they need to save $100,000 in five years. If the

A couple wants to save up for a down payment on a house. They think they need to save $100,000 in five years. If the interest rate is 4% and they start at the end of the year when they both get bonuses from their employers, what do they have to put aside annually?

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