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Clark goal is save the 20% down payment to purchase a home in the price range of $850,000 in 3 years. His current non-registered savings
Clark goal is save the 20% down payment to purchase a home in the price range of $850,000 in 3 years. His current non-registered savings are $120,000. Assume an after tax rate of return of 5% on their savings. How much Clark need to save each year for the next 3 years to achieve their goal?
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