Determine how long will take timothy

Reference no: EM132482009

Question 1: If Timothy needs $15,000.00 minimum for a down payment on a home and he has $1000.00 per month discretionary money that can save or pay toward the car, how long will it take Timothy before he has the necessary money for a down payment for a home? Assume j12= 3.8 %

Reference no: EM132482009

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