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A couple wants to save $14,000 for a down payment for a house in 4 years. For four years they will make deposits at the

A couple wants to save $14,000 for a down payment for a house in 4 years. For four years they will make deposits at the end of each month into an account which earns 7% compounded semiannually. Determine the size of the payments needed. Cannot use Excel.

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