Would rhonda be able to meet her goal

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Question - Rhonda has saved $1,200,000 in an account. Her goal is to have 1,500,000 saved up to use as a down payment on a house in the next 5 years. If her money is sitting in an account earning 2.50% per year, would Rhonda be able to meet her goal of $1,500,000 in 5 years?

Reference no: EM132971239

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