You need $25,000 to make a down payment on a house every 5 years. If you can

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You need $25,000 to make a down payment on a house every 5 years. If you can earn an annual interest rate of 4.7 percent, how much will you need to invest today?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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Posted Date: Apr 10, 2023 05:37 AM

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You need $25,000 to make a down payment on a house every 5 years. If you can

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We use the formula AP1r100n where ... View the full answer

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