You need $300,000 for a new house in 8 years. If you could earn 0.6% per...
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You need $300,000 for a new house in 8 years. If you could earn 0.6% per month, how much will you have to deposit today? You need $300,000 for a new house in 8 years. If you could earn 0.6% per month, how much will you have to deposit today?
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Therefore you would need to deposit approximately 16893323 today to have 300000 in 8 years ... View the full answer
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