Solution-Down payment on the house

Down payment on the house

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Reference no: EM131206342

You plan to buy a house in 6 years. You want to save money for a down payment on the house. You are able to put $256/month in a savings account with an annual rate of 6.67% which is compounded monthly. How much money will be in the account when you make the last payment?

Reference no: EM131206342

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Down payment on the house : You plan to buy a house in 6 years. You want to save money for a down payment on the house. You are able to put $256/month in a savings account with an annual rate of 6.67% which is compounded monthly. How much money will be in the account when yo..

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Down payment on the house

Reference no: EM131206342

Reference no: EM131206342

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