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Deposit a lump sum-making the deposit today

Problem:

Marie needs $26,000 as a down payment for a house 4 years from now. She earns 5.25% on her savings. Marie can either deposit one lump sum to day for this purpose or she can wait a year and deposit a lump sum. How much additional money must Marie deposit if she waits for one year rather than making the deposit today?

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Finance Basics: Deposit a lump sum-making the deposit today

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