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Howard is saving for a holiday. He deposits a fixed amount every month in a bank account with an EAR of 10.7%. If this account
Howard is saving for a holiday. He deposits a fixed amount every month in a bank account with an EAR of 10.7%. If this account pays interest every month then how much should he save from each monthly paycheck in order to have $8,000 in the account in six years' time? A. $79 B. $127 C. $111 D. $64 Step by Step Solution
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Corporate Governance And Financial Management Computational Optimization Modelling And Accounting Perspectives
Authors: S Nuryanah, S Islam
1st Edition
1349493228, 9781349493227
