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Steve plans to purchase a house and needs to save $350,000 for a down payment over the next 5 years. What amount would he need
Steve plans to purchase a house and needs to save $350,000 for a down payment over the next 5 years. What amount would he need to save monthly if his savings can earn 3.5% compounded semi-annually? I/Y P/Y C/Y N PV PMT FV Dave deposited $500 at the end of every month into an investment for the past 12 years. The investment earns 3.75% compounded semi-annually. How much is his investment worth today? I/Y P/Y C/Y N PV PMT FV
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