Question: You would like to save up to put a down payment on a new home. You plan to deposit $ 6 0 0 every three

You would like to save up to put a down payment on a new home. You plan to deposit $600 every three months into an account that pays 2.8% compounded quarterly. How many years will it take for you to save $20,000? Round your answer to 1 decimal place.
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In order to accumulate enough money for a down payment on a house, a couple deposits $399 per month into an account paying 3% compounded monthly. If payments are made at the end of each period, how much money will be in the account in 6 years?
Acme Annuities recently offered an annuity that pays 5.7% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $138,000 in 10 years?
A company estimates that it will need $91,000 in 12 years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying 6.3% compounded monthly, how much should each payment be?
 You would like to save up to put a down payment

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