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Your dream is to open a cafe shop sometime in the future, and you estimate that it will cost about 400000. You start to save
Your dream is to open a cafe shop sometime in the future, and you estimate that it will cost about 400000. You start to save up for your dream from this year by putting in some amount at the beginning of every month for 7 years. Assume that you can earn an APR of 4%, how much would you have to save up each month?
a. 4134.189 | ||
b. | 4120.454 | |
c. | 3634.189 | |
d. | 4420.454 |
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