How much will she have to save each month to reach to gaol

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Reference no: EM131913081

1. Jennifer wants to have $735,000 in an investment account five years from now. The account will pay .58 percent interest per month. If she saves money every month, starting one month from now, how much will she have to save each month to reach her goal?

2. What is one share of this stock worth to you today if you require a rate of return of 12 percent?

Reference no: EM131913081

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