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You currently have $60,000 in your bank account and you will need a total of $100,000 in 5 years to pay for a down payment
You currently have $60,000 in your bank account and you will need a total of $100,000 in 5 years to pay for a down payment on a house. What interest rate do you need to earn in order to have $100,000 in your bank account 5 years from now?
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