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Mike wants to accumulate $120,000 in 5 years to buy into a limited partnership. He expects to earn an annual rate of return on invested
Mike wants to accumulate $120,000 in 5 years to buy into a limited partnership. He expects to earn an annual rate of return on invested funds of 9%. How much does Mike need to invest each month to meet his goal?
Please explain how to use TI BA ii plus calculator to solve problem, thank u!
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