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Suppose you have 30 months in which to save $3,500 for a cruise for your family. If you can earn an APR of 3.8%, compounded
Suppose you have 30 months in which to save $3,500 for a cruise for your family. If you can earn an APR of 3.8%, compounded monthly, how much should you deposit each month?
(((*If possible can the work be shown in excel? What formula would be best for this problem?*)))
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