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Elizabeth just graduated from Texas A&M. She would like to purchase a house in five (5) years. She plans to invest $500 each month for

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Elizabeth just graduated from Texas A&M. She would like to purchase a house in five (5) years. She plans to invest $500 each month for five (5) years into a mutual fund that offers a nominal twelve (12) percent per year. Compute the down payment she will have at the end of five (5) years. $49.124 38 O $30.962.30 $40,834.83 $2247751 O $33.550.21

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