Question
Jack and Tracy would like to have $5,000 for a down payment on a new condo. A savings account at their local credit union will
Jack and Tracy would like to have $5,000 for a down payment on a new condo. A savings account at their local credit union will pay 3% per year compounded monthly. How much should they deposit now in this account to have the down payment in 2 years?
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Beginning Algebra A Text/Workbook
Authors: Charles P McKeague
2nd Edition
1483271242, 9781483271248
