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Posted on Feb 11, 2022

If you want to have $15,000 in 3 years, how much do you need to put in a savings account today that pays 5% compounded

If you want to have $15,000 in 3 years, how much do you need to put in a savings account today that pays 5% compounded annually?

$17,364.38

$12,957.56

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