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A local furniture store is advertising a deal in which you buy a $ 2 , 1 0 0 dining room set and do not
A local furniture store is advertising a deal in which you buy a $ dining room set and do not need to pay for two years no interest cost is incurred
How much money would you have to deposit now in a savings account earning percent APR, compounded monthly, to pay the $ bill in two years?
How much would you have to deposit in the savings account each month earning percent APR to be able to pay the bill?
Note: Do not round intermediate calculations and round your final answer to decimal places.
tablePresent value,,Annuity payment,table$per month
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