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You need to have $30,000 in 7 years to pay off a home equity loan. You can invest in an account that pays 74% Interest

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You need to have $30,000 in 7 years to pay off a home equity loan. You can invest in an account that pays 74% Interest compounded weekly. How much will you have to invest today to attain your target in 7 years? $19,308.14 $16,984.01 $16,805.24 $17,877.91 $49,448.28

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