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OpenStudy (anonymous):
Marilyn knows that she needs $45,000 for a down payment on a house. She found an investment that earns 3.15% interest compounding monthly. She would like to purchase the home in 5 years. How much should she put in the account now to ensure she has her down payment? $38,450.39 $30,871.96 $44,296.89 $52,665.27
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