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At the end of 5 years from now, your friend wants to have $ 2 2 5 , 0 0 0 saved for a down
At the end of years from now, your friend wants to have $ saved for a down
payment on a house. He expects to earn compounded monthlyon his investments
over the next years. How much would your friend have to put in his investment account
each month to reach his goal?
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