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In order to have $391,185 in 26 years, how much needs to be deposited each month into a bank account whose annual rate is 1.8%
In order to have $391,185 in 26 years, how much needs to be deposited each month into a bank account whose annual rate is 1.8% with monthly compounding?
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To calculate the monthly deposit required we can use the formula for the future ...
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