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21-12-2022
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Select the correct answer. james wants to be able to make a $30,000 down payment on a new home in three years. if he can invest his savings in an account that earns 6% interest per year, compounded monthly, about how much will james need to deposit today to achieve his goal?
a. $25,002
b. $25,069
c. $25,189
d. $35,730

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