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You are newly wed to the man or woman of your dreams. You and your new spouse plan to build a new house in five
You are newly wed to the man or woman of your dreams. You and your new spouse plan to build a new house in five years. You set up a sinking fund so that at the end of your five years you will have the $100 000 you need to build your new house. How much will you and your spouse need to put away each month in order to reach your goal if the interest rate is 8%? ( Please do not use excel )
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