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Hank wants to have $50,000 in an investment account 5 years from now. The account will pay 3.6 percent interest, compounded monthly. If he saves
Hank wants to have $50,000 in an investment account 5 years from now. The account will pay 3.6 percent interest, compounded monthly. If he saves money every month, starting one month from now, how much will he have to save each month to reach his goal? $833.33 $729.65 $6,029.45
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Survey of Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt
1st edition
1119330025, 978-1119444244, 1119444241, 978-1119306474, 1119306477, 978-1119330028
