Question: Saved mework #1 (Ch. 1 & 3) 6 20 If you desire to have $10,000 for a down payment for a house in seven years,

Saved mework #1 (Ch. 1 & 3) 6 20 If you desire to have $10,000 for a down payment for a house in seven years, what amount would you need to deposit today? Assume that your money will earn 6 percent. Use Exhibit 1-C. (Round time value factor to 3 decimal places and final answer to the nearest whole dollar.) nts Amount to be deposited eBook Print eferences

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