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Mathematics, 01.03.2021 09:40 july00

A couple wants to buy a house in five years. They need to save a down payment of $8,000. They deposit $1,000 in a bank account earning 3.25% interest, compounded quarterly. How much will they need to save each month in order to
meet their goal?

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A couple wants to buy a house in five years. They need to save a down payment of $8,000. They deposi...

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