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Problem #2: Lisa wants to buy a house with a down payment $200,000 ten years from now. The bank is offering ten-year investment certificate that

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Problem #2: Lisa wants to buy a house with a down payment $200,000 ten years from now. The bank is offering ten-year investment certificate that pay 6% nominal interest (annual rate), but compounded quarterly. How much money should she invest in the certificate today in order to reach her goal? (Financial Term GIC: Guaranteed Investment Certificate)

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