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The Nicor family is planning to purchase a new home 6 years from now. If they have $220,000 now, how much will be available at

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The Nicor family is planning to purchase a new home 6 years from now. If they have $220,000 now, how much will be available at the time of purchase? The fund grows at a compound rate of 8% per year. 6 years from now, $ will be available

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