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QUESTION 1 You would like to have $31,204 in 10 years. If the rate is 7.65%, how much do you have to invest each month?

QUESTION 1

You would like to have $31,204 in 10 years. If the rate is 7.65%, how much do you have to invest each month?

QUESTION 2

You will invest $200 per year. If the rate is 7.18%, how much will you have in 11 years?

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