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Mathematics 8 Online
OpenStudy (anonymous):

PLEASE HELP:) Annually, Travis deposits $3,500 into an interest-bearing account to save for a down payment on a house. The interest rate on the account is 5.46% compounding twice a year. What is the present value of the investment if Travis purchases a house in 18 years? $39,793.23 $40,879.59 $79,586.46 $81,759.17

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