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A student is planning to save $24000 for a holiday in 3 years when she finishes her degree. Her investment account pays interest at
A student is planning to save $24000 for a holiday in 3 years when she finishes her degree. Her investment account pays interest at 2% per year. Deposits will be made at the end of each month. How much does she need to save each month (including the final month's payment)? (Answer to the nearest dollar)
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Personal Finance
Authors: Thomas Garman, Raymond Forgue
12th edition
9781305176409, 1133595839, 1305176405, 978-1133595830
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