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Question 1 1 pts If you need $12,000 for the down payment on your first home in 4 years, how much should you deposit now

Question 1 1 pts "If you need $12,000 for the down payment on your first home in 4 years, how much should you deposit now in an account that pays 13% interest, compounded annually?" Question 2 1 pts "What annual interest rate would allow $1300 to grow to $2340 in 8 years with annual compounding? State your answer as percentage with demicals. In other words, enter 8.3 not 0.083. Hint: Use RATE or GoalSeek

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