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Mathematics, 07.05.2020 01:08 dawnejones4013

The Smith family plans to purchase a new house in 4 years, and they want to make

a down payment of 25% of the estimated purchase price of $250,000.

Find the amount they need to invest to make the down payment if

funds earn 12% compounded quarterly

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Answers: 2

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The Smith family plans to purchase a new house in 4 years, and they want to make

a down...
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