You need to have $230000 for a down payment on a house in 8 years....
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You need to have $230000 for a down payment on a house in 8 years. If you can earn an annual interest rate of 4.3 percent, how much will you have to deposit today? Round to the nearest penny. Your Answer: Answer Question 8 (1 point) For a given length of time, the higher the discount rate is, the higher the present value. True False Question 9 ( 1 point) Future values depend critically on the assumed interest rate. True
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