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would appreciate a step by step solution with calculator keys(approach)., thank you - You want to receive $5000 per month for the next 5 years.
would appreciate a step by step solution with calculator keys(approach)., thank you
- You want to receive $5000 per month for the next 5 years. How much would you need to deposit today if you can earn 0.75% per month? - What monthly rate would you need to earn if you only have $200,000 to deposit? Suppose you have $200,000 to deposit and can earn 0.75% per month. - How many months could you receive the $5000 payment? - How much could you receive every month for 5 years Step by Step Solution
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