Daniel hopes to buy a house in 7 years. He currently has $87000 saved. How...
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Daniel hopes to buy a house in 7 years. He currently has $87000 saved. How much must he earn in interest, on an annualized basis, to purchase a house valued at $174000 ? (Round answers to 2 decimal places, e.g. 52.75.)
12.00%.
7.87 %.
10.41%.
18.70%.
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