How much do you need to save each year

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Question: You want to buy a house in 15 years that costs $150,000 now. Inflation is 5%. How much do you need to save each year to be able to buy the house if the interest rate is 10%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132083321

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