Question
The Weidmans want to save $35,000 in 2 years for a down payment on a house. If they make monthly deposits in an account paying
The Weidmans want to save $35,000 in 2 years for a down payment on a house. If they make monthly deposits in an account paying 12%, compounded monthly, what is the size of the payments that are required to meet their goal? (Round your answer to the nearest cent.)
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
