Saving for a House Mr. and Mrs. Corey are newlyweds and want to purchase a home, but
Chapter 6, Problem 27(choose chapter or problem)
Saving for a House Mr. and Mrs. Corey are newlyweds and want to purchase a home, but they need a down payment of $40,000. If they want to buy their home in 2 years, how much should they save each month in their savings account that pays 3% per annum compounded monthly?
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