You have a goal of purchasing a home in 6 years. You anticipate needing a $12,000...
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You have a goal of purchasing a home in 6 years. You anticipate needing a $12,000 down payment. If you can earn 7% interest, how much will you need to invest today to reach your goal? You have a goal of purchasing a home in 6 years. You anticipate needing a $12,000 down payment. If you can earn 7% interest, how much will you need to invest today to reach your goal?
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PV FV1 i n where PV present value FV future value i decimal... View the full answer
Related Book For
Personal Finance Turning Money into Wealth
ISBN: 978-0134730363
8th edition
Authors: Arthur J. Keown
Posted Date:
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