Question: Taric needs $30,000 for a down payment going towards a home in 6 years. How much must he deposit now into an account that

Taric needs $30,000 for a down payment going towards a home in

Taric needs $30,000 for a down payment going towards a home in 6 years. How much must he deposit now into an account that pays 1.21% interest, compounded quarterly, in order to meet his goal? Round to the nearest cent.

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