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Nicholas and Natalie would like to have $22000 for a down payment on a 00 house. Their budget only allows them to save $227.38 per
Nicholas and Natalie would like to have $22000 for a down payment on a 00 house. Their budget only allows them to save $227.38 per month. How many years will it take them to save up the desired amount of $22000? Here we assume that their saving account will pay 4% compounded monthly. Answer = years
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