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What is the value today of $800 per month forever, with the first $800 payment occurring three months from today.Interest rates are 5% p.a. compounded

What is the value today of $800 per month forever, with the first $800 payment occurring three months from today.Interest rates are 5% p.a. compounded monthly.

Your goal is to accumulate $60,000 in nine years' time.What monthly deposit must you make into a savings account to reach your goal?Interest rates are 12% p.a. compounded monthly.

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