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To help with a down payment on a home, Melissa is going to invest. Assuming an interest rate of 1.66% compounded monthly, how much would
To help with a down payment on a home, Melissa is going to invest. Assuming an interest rate of
1.66%
compounded monthly, how much would she have to invest to have
$49,600
after
8
years?
Do not round any intermediate computations, and round your final answer to the nearest dollar. If necessary, refer to the
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