You receive a 6000 check from your grandparents for, Financial Management

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You receive a 6000 check from your grandparents for

You receive a $6,000 check from your grandparents for graduation. You decide to save it toward a down payment on a house. You invest it earning 6% per year and you think you will need to have $12,000 saved for the down payment. How long will it be before the $6,000 has grown to $12,000?

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Financial Management: You receive a 6000 check from your grandparents for

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