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If you desire to have $ 2 5 , 0 0 0 for a down payment for a house in six years, what amount would
If you desire to have $ for a down payment for a house in six years, what amount would you need to deposit today? Assume that your money will earn percent. Use the appropriate factors from the tables provided Exhibit A Exhibit B Exhibit C Exhibit D
Note: Use appropriate factors from the tables provided. Round time value factor to decimal places and final answer to the nearest whole number.
Amount to be deposited
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