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Mathematics, 22.11.2021 18:20 xuzixin2004

Hw 6.7 problem 17 Mike and Terri estimate that they want to buy a house for $214,000.00, and they need to make a down payment of 13.5% of the cost of their house. If they have 18 months to save for the down payment, how much do they need to invest into an account earning 5.986% compounded continuously so that they can reach their goal?

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Hw 6.7 problem 17 Mike and Terri estimate that they want to buy a house for $214,000.00, and they...
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