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A couple plans to save $530 per month for the next 6 years for a down payment on a house. If the couple can earn

A couple plans to save $530 per month for the next 6 years for a down payment on a house. If the couple can earn an APR of 8.3% in their savings/investments. How much money will they have for the down payment?

A. $49,291

B. $47,011

C. $49,774

D. $66,682

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