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You want to have $30,000 for down payment on a house 4 years from now. If you can earn 3.5 percent annually on your savings,

You want to have $30,000 for down payment on a house 4 years from now. If you can earn 3.5 percent annually on your savings, how much do you need to deposit today to reach your goal? You do not deposit or withdraw anything in to/from that account.

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