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At the end of 4 years, you want to have $60,000 saved for a down payment on a condo. You expect to earn 4.60% (compounded
At the end of 4 years, you want to have $60,000 saved for a down payment on a condo. You expect to earn 4.60% (compounded quarterly) on your investments over the next 4 years. How much do you have to put in your investment account at the end of each quarter to reach your goal?
Group of answer choices
1,715
3,320
1,829
2,257
3,437
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