Question: John realizes that saving $1,400 per year starting next year, at 6% annual interest, will not yield the $30,000 down-payment that he will need in

John realizes that saving $1,400 per year starting next year, at 6% annual interest, will not yield the $30,000 down-payment that he will need in 10 years to buy property. How much should John be saving each year at 6% annual interest

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