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You need to have $20,000 for a down payment on a house 6 in years. If you can earn an annual interest rate of 4.6
You need to have $20,000 for a down payment on a house 6 in years. If you can earn an annual interest rate of 4.6 percent, how much will you have to deposit today?
Multiple Choice
- $14,839.31
- $15,270.03
- $14,598.50
- $14,587.68
- $12,194.99
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
