How much will have for a mortgage down payment

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You are planning to purchase a house in 5 years and want to save for a down payment. If you deposit $5,000 each year into an account earning 3% interest, how much will have for a mortgage down payment?

Reference no: EM13996178

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How much will have for a mortgage down payment : You are planning to purchase a house in 5 years and want to save for a down payment. If you deposit $5,000 each year into an account earning 3% interest, how much will have for a mortgage down payment?

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