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Part 1: Vacation Fund Anderson is planning to work for 10 months at. Isenberg and then use his savings for the next ? months and
Part 1: Vacation Fund Anderson is planning to work for 10 months at. Isenberg and then use his savings for the next ? months and travel to Sydney ( Australia ) for a nice vacation . Given that interest rates over" three years are 12% , how much would he need to contribute to his savings account monthly ( fixed payments ) in order to pull a monthly stipend of $6 , 000 for his most basic needs
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