Question
You want to save $14,000 for a down payment on a home by making regular monthly deposits over four years. Take the APR to be
You want to save $14,000 for a down payment on a home by making regular monthly deposits over four years. Take the APR to be 5.3%. How much money do you need to deposit each month? (Round your answer to the nearest cent.) $
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Step: 2
Step: 3
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
