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You need to have $25,000 for a down payment on a house in 5 years. If you can earn an annual interest rate of 4.7

You need to have $25,000 for a down payment on a house in 5 years. If you can earn an annual interest rate of 4.7 percent, how much will you have to deposit today? Multiple Choice $19,402.66 $16,535.60 $18,978.41 $19,128.36 $19,870.40

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