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Mathematics, 19.09.2020 01:01 gerkera88

R 1. Missy knows that she needs $40,000 for a down payment on a house. She found an investment that earns 3.05% interest compounding monthly. She would like to purchase the home in 5 years. How much should she put in the account now to ensure she has her down payment? (1 point)

$27,770.97

$34,349.00

$8,872.33

$48,580.69

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Answers: 1

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