What is the amount you most save each year

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Reference no: EM132030271

Today is your 25th birthday. you are saving to buy your dream house which you plan to purchase on your 35th birthday with a $80,000 down payment. you plan to save $3000 per year for the next 5 years. you can earn 11% per year on your savings.

What is the amount you most save each year over the remaining 5 years (including the last year)

Reference no: EM132030271

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