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Question 3 1 pts You need $4,953 in 11 months for your property tax bill. If your investments earn 4% APR (compounded monthly), how much
Question 3 1 pts You need $4,953 in 11 months for your property tax bill. If your investments earn 4% APR (compounded monthly), how much do you have to invest today such that your investment will grow to just cover your property tax bill? Question 4 1 pts You are managing a trust fund that must pay its owner $17,078 each month, for 64 months, (starting next month). How much do you need to invest today to make the trust fund payments if your investments earn 3.5% APR (compounded monthly)
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