Question
Please show what to enter on financial calculator to find the answer. Currently, I have $2,500 in my bank account that pays 6% APR with
Please show what to enter on financial calculator to find the answer.
Currently, I have $2,500 in my bank account that pays 6% APR with monthly compounding. In order to have $12,000 in this account in 5 years, how much money should I add to this account each month starting from next month?
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Financial Management Theory And Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
10th Edition
0030329922, 9780030329920
