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Arabella wants to save money to buy a house. She inherited some money from her grandfather and wants to invest those funds today at 6
Arabella wants to save money to buy a house. She inherited some money from her grandfather and wants to invest those funds today at compounded annually so that she will be able to remove $ every year to make an annual house payment. She plans to do this for the next years How much would she need to invest today to be able to make these payments?
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