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What amount would you need to deposit today

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If you desire to have $43600 for a down payment for a house in 12 years, what amount would you need to deposit today? Assume that your money will earn 6 percent.

Reference no: EM131493261

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What amount would you need to deposit today : If you desire to have $43600 for a down payment for a house in 12 years, what amount would you need to deposit today?
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