Question: Starting next year, John will deposit $1,400 per year into an account that pays him interest at 6% per year. He is saving for a

Starting next year, John will deposit $1,400 per year into an account that pays him interest at 6% per year. He is saving for a down payment on some property and anticipates that he will need $30,000 in 10 years to buy the property. Will he have enough?

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