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Question 6 (1 point) If you desire to have $50400 for a down payment for a house in 9 years, what amount would you need

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Question 6 (1 point) If you desire to have $50400 for a down payment for a house in 9 years, what amount would you need to deposit today? Assume that your money will earn 8 percent Use the appropriate Time Value of Money table [Exhibit 1-A, Exhibit 1-B, Exhibit 1 - C, OR Exhibit 1-D]

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