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Business, 11.10.2019 06:30 arnold2619

How much must be deposited today in an account earning 6% annually to accumulate a 20% down payment to use in purchasing a car one year from now, assuming that the car's current price is $20,000, and inflation will be 4%?

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How much must be deposited today in an account earning 6% annually to accumulate a 20% down payment...
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