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LO1 You need $6,156 in 8 months for your property tax bill. If your investments earn 2.12% APR (compounded monthly), how much do you have

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You need $6,156 in 8 months for your property tax bill. If your investments earn 2.12% APR (compounded monthly), how much do you have to invest each month, starting next month, for 4 months, such that your investment will grow to just cover your property tax bill?

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