Jack and Tracy would like to have $ 7 0 0 0 for a down payment on

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Jack and Tracy would like to have $

7000

for a down payment on a new condo. A savings account at your local credit union will pay

2 %

per year compounded monthly. How much should they deposit now in this account to have the down payment in two years?

Posted Date: May 19, 2024 03:05 AM

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Jack and Tracy would like to have $ 7 0 0 0 for a down payment on

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