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You receive graduation gitti totaling $5,000 and decide to invest this money for a house downpayment. The rate of return you hope to receive is

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You receive graduation gitti totaling $5,000 and decide to invest this money for a house downpayment. The rate of return you hope to receive is 3% If you do com as compounded annually, how much will you have for a downpayment twenty years from now? Please answer with two decimal places, rounding your answer to the nearest cent(0,00)

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