If I Wanted To Have 40 000 Saved Up For A Down Payment On A House 8 Years From N

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If I wanted to have $40,000 saved up for a down payment on a house 8 years from now, how much of my 1,000,000 inheritance would i need to save today? i assume i can earn 2.5% in an account that compounds annually.

FVYearsRatePV $40,00082.50%$32,829.86

 
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