Mathematics, 27.04.2021 21:30, jazzy2971

The Smith Family plans to purchase a new house in 4 years, and they want to make a down payment of 25% of the estimated purchase price of $250,000. Find the amount they need to invest to make the down payment if fund earn 12% compounded quarterly.

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The Smith Family plans to purchase a new house in 4 years, and they want to make a down payment of 2...