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Posted on Aug 03, 2024

You want to to accumulate $ 3 0 , 0 0 0 in a fund after 1 2 0 months. The interest rate is 0

You want to to accumulate $

30, 000

in a fund after

120

months. The interest rate is

0.0025

per month and interest is compounded monthly. In addition, you start with $

10, 000

today. What must beyour monthly payments to achieve your financial goal?

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