The Smith family plans to purchase a new house in 4 years, and they want to make
a down...
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
Answers: 2
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