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Assume that you wish to save $25,000 for a romantic getaway to celebrate your 5 th anniversary with your significant other. You plan to set
Assume that you wish to save $25,000 for a romantic getaway to celebrate your 5 th anniversary with your significant other. You plan to set aside money every 6 months, beginning 6 months from today. If you can earn 5% on your money, what input is necessary to determine how much you should set aside every 6 months? IN EXCEL
Consider the preceding question. What if you were to start setting aside money today rather than waiting 6 months for your first deposit? How would your input change (if at all)?
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