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1 . Suppose that Arthur deposits $ 3 0 0 on the 5 th of each month. Interest compounds monthly on the 1 0 th
Suppose that Arthur deposits $ on the th of each month. Interest compounds monthly on the th of each
month, at an APR of Arthur would like the account balance to reach $ on January th
Determine how much money Arthur should initially deposit so that he achieves his goal. Round your answer to
two decimal places. Suppose that Arthurs initial deposit is $ He makes regular deposits on th of each month. Interest compounds
on the st and th of each month, at an APR of arthur would like the account balance to reach $ on
January th
Determine how much money Arthur should deposit regularly so that he achieves his goal. Round your answer
to two decimal places.
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