Mathematics, 05.12.2020 01:20 Lilboyk36
Sophia knows that she needs $42,000 for a 20% down payment on a house she can afford. She found an investment that earns 2.25% interest
compounding monthly. How much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment
amount in 5 years? (4 points)
са $11,052
b
$13,778
$37,070
d
$37.535
Answers: 2
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