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John plats to buy a vacation home in 15 years from now and wants to have saved $56,624 for a down payment. How much money
John plats to buy a vacation home in 15 years from now and wants to have saved $56,624 for a down
payment. How much money should he place today in a saving account that earns 5.89 percent per year
(compounded daily) to accumulate money for his down payment? Round the answer to two decimal
show work please
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Quantitative Trading
Authors: Ernest P. Chan
2nd Edition
1119800064, 978-1119800064
