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As a business student, you understand the power of compound interest. You have a 1 0 - year plan which includes purchasing a home with
As a business student, you understand the power of compound interest. You have a year plan which includes purchasing a home with a down payment in cash. To save for the down payment, you deposit $ into your savings account at the end of every month for the next years at interest compounded monthly. What is the size of the down payment you have saved up
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