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Mary wants to buy a house in five years. She thinks she can save $23,000 a year starting today. If she can invest the money
Mary wants to buy a house in five years. She thinks she can save $23,000 a year starting today. If she can invest the money into an account that earns 5.6% nominal interest, about how much will Mary have for a house in five years?
$128,621.70 | ||
$147,201.28 | ||
$135,824.52 |
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