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You need $25,000 for a house down payment. If you can invest your money at 7.35% interest, how much do you have to put away

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You need $25,000 for a house down payment. If you can invest your money at 7.35% interest, how much do you have to put away today if you are going to buy in 10 years (approximately)? a) $11,211 b) $12,300 c) $13,507 d) $12,709 e) $11,580

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