Question: You plan to place a $55,000 down payment on a lake cabin in Southern Or annual rate of 4.50%, how much would you need to

You plan to place a $55,000 down payment on a lake cabin in Southern Or annual rate of 4.50%, how much would you need to invest today to have e $23,326 $30,605 $46.264 $44,135 a lake cabin in Southern Oregon in five years. If you invest in a long-term CD earning an need to invest today to have enough for the down payment in five years? nown as aan

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