Question 5 4 pts You want to put a down payment of $50,000 on a...

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Question 5 4 pts You want to put a down payment of $50,000 on a new house. If you can invest at 7.75% per year (with annual compounding) and you currently have $30,000 to invest, how long will it be before you have enough money for the down payment (approximately)? 7.6 years 5.2 years 6.8 years 9.4 years None of the above

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