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Mathematics, 27.07.2019 08:30 aliyahmuhammad2948

Sarah knows that she needs $62000 for a 25% down payment on a house she can afford. she found an investment that earns 1.25% interest compounded monthly. how much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment amount in five years? a. $58,246 b. $54,722 c. $17,993 d. $29,423

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