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QUESTION 2 3 Rebecca is planning to start college in a few years. For this purpose, she would need $ 2 0 , 0 0

QUESTION 23
Rebecca is planning to start college in a few years. For this purpose, she would need $20,000. She can invest $750 at the end of each month in an investment account that pays 6 percent compounded monthly. She wants to find out how long it would take her to have enough money to start college. The inputs when using a financial calculator to solve this problem are IY=
,PV=,PMT=,, and FV=20,000.
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