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You estimate you will need $30,000 for a down payment on the 40 acres you plan to purchase in 5 years. How much would you
You estimate you will need $30,000 for a down payment on the 40 acres you plan to purchase in 5 years. How much would you have to put away today (in a lump sum) if you can earn 5% annual compound interest? 1,48024$5,4292723,505.78180,00000 QUESTION 50 You place a one-time lump sum of 5000 , in an itivestment that pays 9% interest each year and compounds 10 tmes per year. How much. money do you have at the end of the year? 5,38791 5,46867 14,652.44 59.07437
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