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20-03-2024
Business

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Claire can set aside $600 into her investment account every month to save up for a house that will cost $200,000. If this account earns 10.5% and she makes deposits for 17 years (NPER), how much will be in the account when Claire buys the house? Will she have enough? Group of answer choices
a. $25,483.28.
b. NO, not enough! $56,975.66.
c. NO, not enough! $336,924.91.
d. YES, she has enough.

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