How much must you deposit into an account

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Question - How much must you deposit into an account that earns 12% APR compounded monthly so that you can withdraw 1,000 per month for 5 years?

Reference no: EM133041539

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How much must you deposit into an account : How much must you deposit into an account that earns 12% APR compounded monthly so that you can withdraw 1,000 per month for 5 years
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