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A young couple wants to start a family in five years time. They plan to add an addition to their home in four years so
A young couple wants to start a family in five years time. They plan to add an addition to their home in four years so it is ready when they start their family. They estimate that $ will be needed in four years. They can earn on an investment now. If the couple makes one lump sum deposit now in order to have $ in four years, how much should they deposit. A IS CORRECT A $ B $ C $ D $
A young couple wants to start a family in five years time. They plan to add an addition
to their home in four years so it is ready when they start their family. They estimate that
$ will be needed in four years. They can earn on an investment now. If the
couple makes one lump sum deposit now in order to have $ in four years, how
much should they deposit. A IS CORRECT
A $
B $
C $
D $
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