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You are planning to buy a $250,000 home 7 years from today. At that time, you will need to come up with a down payment
You are planning to buy a $250,000 home 7 years from today. At that time, you will need to come up with a down payment of $25,000. You currently have $15,000 and have decided to invest it toward the down payment. What is the minimum rate of interest your investment should earn so that you can use the amount in it to make the down payment
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