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You are saving up to buy a second home. You would like to have $ 4 0 , 0 0 0 saved in four years

You are saving up to buy a second home. You would like to have $40,000
saved in four years as a downpayment. Next month, you plan on putting
$750 into an investment account that earns .0029(.29%) per month. Each
month thereafter, you will continue to contribute, where each payment is
.0024(.24%) larger than the payment before it. In other words, you will
put in $750 starting next month, and each payment will be bigger than
the one before by .0024. When you put your last payment into the
account in four years, will you have enough saved?

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