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If you desire to have $ 3 5 , 0 0 0 for a down payment for a house in ten years, what amount would

If you desire to have $35,000 for a down payment for a house in ten years, what amount would you need to deposit today? Assume that your money will earn 5 percent. Use the appropriate factor(s) from the tables provided (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D)

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