Solution-Savings account at the beginning of month

Savings account at the beginning of month

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Show all work: You will need $30,000 five years from now to pay the tuition and fees for your graduate school, and you‘re prepared to make equal monthly deposits into a savings account at the beginning of each month. If the account pays 4.8% APR, what amount must you deposit each month?

Reference no: EM131554631

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Savings account at the beginning of month

Reference no: EM131554631

Reference no: EM131554631

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