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will leave a good rating :) 10. Suppose you hope to accumulate $300,000 after investing a consistent amount monthly for 10 years. If you can
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10. Suppose you hope to accumulate $300,000 after investing a consistent amount monthly for 10 years. If you can earn an APR of 7.00%, how much do you need to save monthly? $300,000.00=PMT*[(1+0.0058)1201]]/0.006PMT=$1,733.25 11. Suppose you hope to accumulate $1,000,000 after investing a consistent amount yearly for 30 years. If you can earn an APR of 4.00%, how much do you need to save yearly? 12. Suppose you hope to accumulate $50,000 after investing a consistent amount daily for 5 years. If you can earn an APR of 6.00%, how much do you need to save daily? 13. Suppose you hope to accumulate $2,000,000 after investing a consistent amount monthly for 20 years. If you can earn an APR of 12.00%, how much do you need to save monthly? 14. Suppose you hope to accumulate $10,000 after investing a consistent amount weekly for 10 years. If you can earn an APR of 5.00%, how much do you need to save weekly Step by Step Solution
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