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Mathematics, 16.12.2019 23:31 jakobrobinette

You want to have $20,000 in 10 years for a down payment on a new home. how much would you have to invest today (in the present time) to have $20,000 ten years in the future if you invested at 8% (assume the present value of a single amount for 10 years at 8% is 0.463)?

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