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Business, 12.08.2020 05:01 rayniqueamee2002

The Smiths are saving money for a down payment on a house. The Smiths have $25,000 in cash, and they estimate that in 5 years they will have approximately $31,000 if they deposit their cash in a savings account that compounds interest yearly. To calculate the $31,000 amount, the Smiths determined

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The Smiths are saving money for a down payment on a house. The Smiths have $25,000 in cash, and they...
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