How much should you deposit each month

Reference no: EM13197108

you intend to create college fund for baby. if you can get an interest rate of 5.3% compounded monthly and want the fund to have value of $123,875 after 17 years, how much should you deposit each month?

Reference no: EM13197108

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How much should you deposit each month : you intend to create college fund for baby. if you can get an interest rate of 5.3% compounded monthly and want the fund to have value of $123,875 after 17 years, how much should you deposit each month?

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