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Mathematics, 30.10.2019 20:31 annafran89
James wants to be able to make a $30,000 down payment on a new home in three years. if he can invest his savings in an account that earns 6% interest per year, compounded monthly, about how much will james need to deposit today to achieve his goal?
a.
$25,002
b.
$25,069
c.
$25,189
d.
$35,730
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Answers: 2
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