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Business, 06.04.2021 01:10 gladyscasper44

Your favorite aunt has committed to provide you with $30,000 for a down payment for your first home. You mentioned to her you plan to buy a home in 6 years. She agrees to set aside money for you so that you will have the money in time to purchase your first home. The market rate she can earn over the investment period is 10% and it will compound quarterly, what amount will she set aside today

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