Your parents agree to pay half of the down payment for your house two years after...
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Your parents agree to pay half of the down payment for your house two years after you graduate from college. You will graduate in two years. You have $8,500 to invest today and can earn 8% on invested funds. If your parents match the amount of money you have two years after you graduate, what is the maximum you can spend on the down payment for the house? O a. $25,932.52 O b. $23,128.31 O c. $21,663.46 O d. $19,828.80 O e. $11,564.16 Your parents agree to pay half of the down payment for your house two years after you graduate from college. You will graduate in two years. You have $8,500 to invest today and can earn 8% on invested funds. If your parents match the amount of money you have two years after you graduate, what is the maximum you can spend on the down payment for the house? O a. $25,932.52 O b. $23,128.31 O c. $21,663.46 O d. $19,828.80 O e. $11,564.16
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