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*SHOW WORK WITHOUT USING EXCEL* In solving the following problem, the question is only what is the value to use for r? Nick wants to

*SHOW WORK WITHOUT USING EXCEL*

In solving the following problem, the question is only what is the value to use for r?

Nick wants to deposit at the end of each month into his savings account over 10 years to reach his vacation goal of $30,000. He is getting a 19% APR on his account.

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