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How much more money should be invested now in order to receive $ 1 , 2 5 0 . 0 0 at the beginning of
How much more money should be invested now in order to receive $ at the beginning of each month for months instead of $ at the beginning of each month for months? Assume an interest rate of compounded annually.
How much should Robert's dad invest in a savings account today, to be able to pay for Robert's rent for the next five years, if the rent is $ payable at the beginning of each month? The savings account earns compounded monthly.
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