What is the size of the payments required to meet the goal

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Reference no: EM131782055

Question: The Weidmans want to save $40,000 in 2 years for a down payment on a house. If they make monthly deposits in an account paying 12%, compounded monthly, what is the size of the payments that are required to meet their goal? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131782055

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