Down Payment Scenario. A couple has a total of $12,000 in various stock and bond...
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Down Payment Scenario. A couple has a total of $12,000 in various stock and bond mutual fund investments. They are saving for a down payment on a condo. The return on their investments is expected to be 5.09 annually. (Use these assumptions in the next 3 questions.) Question 4 0.5 How much will the couple have at the end of 4 years, if they make no additional investments? $14.586.08 $12,040.00 $14,400.00 $15,044.43 $15,315.38
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