Question
You need $7,687 in 7 months for your property tax bill. If your investments earn 1.99% APR (compounded monthly), how much do you have to
You need $7,687 in 7 months for your property tax bill. If your investments earn 1.99% APR (compounded monthly), how much do you have to invest each month, starting next month, for 3 months, such that your investment will grow to just cover your property tax bill?
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
12th Edition
1439044473, 978-1439044476
