Question
You plan to spend a semester abroad in France. You will live in France for 10 months starting 8 months from now. Each month in
You plan to spend a semester abroad in France. You will live in France for 10 months starting 8 months from now. Each month in France will cost you $7,261 How much must you invest each month, for 5 months, starting next month to exactly pay for your trip if your investments earn 3.58% APR (compounded monthly)?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
