Question: You need to have $25,000 for a down payment on a house in 7 years. If you can earn an annual interest rate of 4.3

You need to have $25,000 for a down payment on a house in 7 years. If you can earn an annual interest rate of 4.3 percent, how much will you have to deposit today? Multiple Choice $14,462.52 $18,005.74 $17,851.12 $17,649.04 $18,618.72

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