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-/4 E > Question 16 of 41 View Policies Current Attempt in Progress Edward Lewis plans to buy a home and can deposit $23,000 for
-/4 E > Question 16 of 41 View Policies Current Attempt in Progress Edward Lewis plans to buy a home and can deposit $23,000 for the purchase today. If the annual interest rate is 12%, how much can Edward expect to have for a down payment in 5 years? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, c.8. 52.75.) Click here to view the factor table. Down payment $ Save for Later Attempts: 0 of 1 used Submit
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