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Jim wants to buy a $500,000 house, he already has $10,000 saved. Assuming a 10% annual return and a 30% tax rate, how much will
Jim wants to buy a $500,000 house, he already has $10,000 saved. Assuming a 10% annual return and a 30% tax rate, how much will Jim need to save per year to have a 20% down payment in 3 years?
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