You need to save a down payment for your house as well as money to cover the
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You need to save a down payment for your house as well as money to cover the property purchase tax and legal fees. You think you will need $50,000 and that you can earn j12=9% on your deposits. How much must you deposit at the end of each month if you would like to buy your house in 3 years?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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