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Posted on Sep 10, 2024

You want to save for a down payment on a new home in the future. You can invest $ 4 2 5 at the end

You want to save for a down payment on a new home in the future. You can invest $

425

at the end of each month, and you expect to earn

6 %

APR compounded monthly on your investment. How much will you be able to have saved in

5

years?

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