Today is your 25th birthday you are saving to buy your


Today is your 25th birthday. you are saving to buy your dream house which you plan to purchase on your 35th birthday with a $80,000 down payment. you plan to save $3000 per year for the next 5 years. you can earn 11% per year on your savings.

What is the amount you most save each year over the remaining 5 years (including the last year)

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Financial Management: Today is your 25th birthday you are saving to buy your
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