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You have future plans to buy a house 6 years from now. You estimate that a down payment of $23,493 will be required at that
You have future plans to buy a house 6 years from now. You estimate that a down payment of $23,493 will be required at that time. To accumulate that amount, you want to start making monthly payments into an account paying 4.22% interest. What will your monthly payments be?
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