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what is the steps to solving this equation? Sam is planning to save $450 per month for a down payment on a new home. a)
what is the steps to solving this equation?
Sam is planning to save $450 per month for a down payment on a new home. a) What interest rate would he need to earn in order to accumulate $80,000 at the end of ten years? b) If his savings account only earns an annual interest rate of 4%, how many years will it take him to
accumulate $80,000?
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