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Assume I am 25 years old and I want to have $60,000 in five years as a down payment on a house. I am going

  1. Assume I am 25 years old and I want to have $60,000 in five years as a down payment on a house. I am going to invest aggressively and have a return of 14% per year. How much do I need to invest each month to have this amount in 5 years? (Show steps or inputs).

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