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Business, 04.07.2020 21:01 alyssamaize

Jack and Tracy would like to have $5,000 for a down payment on a new condo. A savings account at their local credit union will pay 2% per year compounded monthly. How much should they deposit now in this account to have the down payment in 2 years?

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Jack and Tracy would like to have $5,000 for a down payment on a new condo. A savings account at the...
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