Question
Suppose you want your daughter's college fund to contain $100,000 after twelve years. If you can get a fixed APR of 6.7% compounded monthly, how
Suppose you want your daughter's college fund to contain $100,000 after twelve years. If you can get a fixed APR of 6.7% compounded monthly, how many dollars should you deposit at the end of each month? Round answer to the nearest dollar.
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Public Finance An International Perspective
Authors: Joshua E. Greene
1st Edition
9814365041, 978-9814365048
