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Mathematics 21 Online
OpenStudy (anonymous):

Financial Math: Present Value help! Every month, Tripp deposits $377 into an interest-bearing account to save for a down payment on a house. The interest rate on the account is 4.83% compounding twice a year. What is the present value of the investment if Tripp purchases a house in 20 years? $9,832.53 $58,995.15 $9,600.67 $57,604.02

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