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I need to learn how to calculate on the BA II Plus calculator A person is planning to open a savings account with the intent
I need to learn how to calculate on the BA II Plus calculator
A person is planning to open a savings account with the intent to buy a house in five years.They will invest an equal amount each month for five years.This account will earn 6% per year (.5% per month) and will have $300,000 at the end of the five-year term.
What is the amount of the monthly investment?
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