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Q1. Suppose your bank pays interest Monthly at EAR of 6% A) What amount of interest will you earn each month? B) If you have
Q1. Suppose your bank pays interest Monthly at EAR of 6% A) What amount of interest will you earn each month? B) If you have no money in the bank today, how much will you need to save at the end of each month to accumulate $100,000 in 10 years
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