life of the loan. On You plan buy a be repaid. Compute how much to...
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life of the loan. On You plan buy a be repaid. Compute how much to house, valued at % 145,000 5 years from now. Interest rates on the market are expected to remain at 10%. If you deposit 6,500 every year for 5 years, in advance, how much will 11 Will you meet your target? By how much will you fall short of or exceed your target? i) you have? wIf not, how large must your deposits be, at the same interest rate, to meet your target
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