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Tracy is saving to buy a house in five years. She plans to put 2 0 percent down at that time, and she believes that
Tracy is saving to buy a house in five years. She plans to put percent down at that time, and she believes that she will need $ for the down payment. If Tracy can invest in a fund that pays percent annual interest, compounded quarterly, how much will she have to invest today to have enough money for the down payment?
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