In ten years time a person would like to have accumulated $20,362 so they can make...
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In ten years time a person would like to have accumulated $20,362 so they can make a down payment on a house. How much do they need to deposit today at an annual interest rate of 6.72% if the account compounds semiannually? In ten years time a person would like to have accumulated $20,362 so they can make a down payment on a house. How much do they need to deposit today at an annual interest rate of 6.72% if the account compounds semiannually?
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