Becky lewis estimates that she will need 30000 in five

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Becky Lewis estimates that she will need $30,000 in five years for a down payment on a new home. What amount would she have to invest today at 4% interest, compounded monthly, in order to reach her goal?

Reference no: EM13599894

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Becky lewis estimates that she will need 30000 in five : becky lewis estimates that she will need 30000 in five years for a down payment on a new home. what amount would she
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