Question: This assignment is not graded. Please show work to the question above. Thanks for all the help. You want to buy a house within 3

This assignment is not graded. Please show work to the question

This assignment is not graded. Please show work to the question above. Thanks for all the help.

above. Thanks for all the help. You want to buy a house

You want to buy a house within 3 years, and you currently saving for down payment, you plan to save $300 at the end of each month, and you anticipate that your savings will increase by 10% annually thereafter. Your expected annual return during the saving period is 6%. How much will you have for a down payment at the end of year 3'? Show work

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