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You would like to save $50,000 for a down payment on a home in five years. How much do you need to have saved today
You would like to save $50,000 for a down payment on a home in five years. How much do you need to have saved today if your investments are expected to earn a return of 5% per year?
- $43,133
- $37,500
- $38,960
- $50,000
- $39,176
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Fundamentals Of Financial Planning
Authors: Michael A Dalton, Joseph Gillice
3rd Edition
1936602091, 9781936602094
