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How much must this person deposit weekly into an account paying 13% compounded weekly if the down payment is needed in 5 years?

How much must this person deposit weekly into an account paying 13% compounded weekly if the down payment is needed in 5 years?

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A person is saving money at the end each week in order to accumulate a $25,000 down payment for a house.

Asked by Wassan, Last updated: Nov 28, 2024

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