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Posted on May 19, 2024

Jack and Tracy would like to have $ 7 0 0 0 for a down payment on a new condo. A savings account other local

Jack and Tracy would like to have $

7000

for a down payment on a new condo. A savings account other local credit union will pay

2 %

per year compounded monthly. How much did they deposit now and there's a cow to have to down payment in two years?

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