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if you desire to have $ 2 0 , 0 0 0 for a down payment for a house in 6 years, what amount would

if you desire to have $20,000 for a down payment for a house in 6 years, what amount would you need to deposit today? Assume that your money will earn 4 percent. Use Exhibit 1-C.(Round time value factor to 3 decimal places and final answer to the nearest whole number.)

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