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Use PMT formula: An investment needs to be done in such a way that, afer 3 years, the investment generated $35,000. Considering an interest rate
Use PMT formula:
An investment needs to be done in such a way that, afer 3 years, the investment generated $35,000. Considering an interest rate of 1.2% per year, which is the
monthly cash outflow required to achieve the investment goal?. Consider that payment needs to be done at the end of each period.
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