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You won $20,000 from a scratch-off lottery ticket. You decide toinvest the money so you have a down payment for a home in 8 years.Your

You won $20,000 from a scratch-off lottery ticket. You decide toinvest the money so you have a down payment for a home in 8 years.Your expected annual return is 7%; how much will you have for adown 4 answers

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