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In an attempt to have funds for a down payment in five years, James Dupont plans to save $ 4 , 0 5 0 a
In an attempt to have funds for a down payment in five years, James Dupont plans to save $ a year for the next five years. With
an interest rate of percent, what amount will James have available for a down payment after the five years? Use Exhibit BRound
FVA factor to decimal places and final answer to decimal places.
Future value down payment
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