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  • 03-06-2023
  • Business
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You plan to save money for a down payment of $42,000 to purchase an apartment. You can only afford to save $6,000 at the end of every 6 months into an account that earns interest at 5.25% compounded monthly. How long will it take you to save the planned amount? ____years ____months Express the answers in years and months, rounded to the next payment period

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