Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. i want to buy a house in 4 years. i need to have a

I want to buy a house in 4 years. I need to have a down...

70.2K

Verified Solution

Question

Finance

I want to buy a house in 4 years. I need to have a down payment of $50,000. How much do I need to have today in order to have the down payment, if I can earn 3%?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

On June 30, 2021, Georgia-Atlantic, Inc. leased warehouse equipment from Builders, Inc. The lease agreement calls...

Chemistry
1.2K views

For the reaction shown below, Kp = 0.148 at 37

Biology
1.2K views

Enterobacteriacea is part of which sub group of proteobacteria? Betaproteobacteria Gammaproteobacteria Epsilonproteobacteria Alphaproteobacteria Deltaproteobacteria Antinemotodal compounds can be extracted from Methylobacterium sp. Neisseria ghonorrhoeaea Burkholderiales...

Mechanical Engineering
1.2K views

Determine the changes in length, breadth, and thickess of a steel bar which is 5m long,...

Physics
1.2K views

9 a An electromagnetic radiation of wavelength ranging between 400 nm and 1150 nm for...

Geometry
1.2K views

4 The plane region is revolved completely about the y axis to sweep out a...

Basic Math
1.2K views

Give the domain of each of the following functions in interval notation.g(x) = -7 /25-xp(x)...

Accounting
1.2K views

6 on 1 January 2019, Feebie Bhd. entered into a 3-year lease agreement with Strata...

Accounting
1.2K views

Sweet Acacia Company reported the following information for 2025. Sweet Acacia Company Comparative Balance Sheets...

Accounting
1.2K views

Multi-step Income Statements The adjusted trial balance of Crane Distributors on December 31 is shown...

Accounting
1.2K views

Schlenz Incorporated, which produces a single product, has provided the following data for its most...

Accounting
1.2K views

Jackson has the choice to invest in city of Mitchell bonds or Sundial, Inc. corporate...