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You are saving the down payment to purchase a town house. So far, you have saved $5,500 in an investment account which offers a 3%
You are saving the down payment to purchase a town house. So far, you have saved $5,500 in an investment account which offers a 3% return compounding monthly. If you deposit $352 at the end of each month, for seven years, how much money would you have saved to use as a down payment? (nearest dollar without dollar sign ($) or comma, e.g. 15000)
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