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3.- What money do you have to put in your savings account at the end of each month in order to have $10,000 after 2
3.- What money do you have to put in your savings account at the end of each month in order to have $10,000 after 2 years? The nominal interest rate is 18% annual nominal compounded monthly. For the problems: - Draw the cash flow diagram - Show the procedure step by step . - For the interest rates: use minimal 4 decimals.
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