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Jade Kenyon is a free spirit who is saving her money to purchase a 36 foot, blue-water capable, sailboat. Assuming Jade wishes to have saved
- Jade Kenyon is a free spirit who is saving her money to purchase a 36 foot, blue-water capable, sailboat. Assuming Jade wishes to have saved $50,000 at the end of five years and that her investment account will earn 5.50%, what bi-weekly deposit must she make to attain her savings target? Place the appropriate values in the proper cells in row 15, given the columns as provided below. The remaining instructions are stated in Q1.
Row | Column letter | |||||
Number | A | B | C | D | E | F |
13 | Q4. |
| Write problem type here. | |||
14 | m | #Yrs | Ann Rate | PV | PMT | FV |
15 |
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EXACT EXCEL FUNCTION: |
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