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You want to buy a house within 4 years and you are currently saving for the down payment . You plan to save 5000.00 at
You want to buy a house within 4 years and you are currently saving for the down payment . You plan to save 5000.00 at the end of the first year, and you anticipate that your annual savings will increase by 10% annually thereafter. Your expected annual return is 6%. How much will you have for a house in 5 years?
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