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Please help I will upvote! Tetianna is saving up for the downpayment on a home. For the first 5 years she deposits $1,000 at the
Please help I will upvote!
Tetianna is saving up for the downpayment on a home. For the first 5 years she deposits $1,000 at the end of each month into a savings account. For the next 5 years, she deposits $2,000 at the end of each month. The savings account pays 3.000% compounded monthly (the same rate for the whole 10 years). How big a downpayment will she have at the end of 10 years?
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