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24-04-2024
Mathematics

Answered

Henry is going to invest to help with a down payment on a home. How much would he have to invest to have $49,600 after 10 years, assuming an Interest rate of 1.68% compounded daily? Do not round any intermediate computations, and round your final answer to the nearest dollar. If necessary, refer to the list of financial formulas. Assume there are 365 days in each year.

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