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You are saving for the down payment on a house. You inherit $5,321 and put it in an account that earns 5 percent compounded quarterly.
You are saving for the down payment on a house. You inherit $5,321 and put it in an account that earns 5 percent compounded quarterly. After 7 years how much will be in the account for the down payment?
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
