In 2 years from now you want to buy a new laptop. You expect the price of

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In 2 years from now you want to buy a new laptop. You expect the price of the laptop to be $1,750.

How big are your equal weekly contributions to your savings account if you want to have enough money saved to buy a laptop in 2 years?

Assume you make your ﬁrst contribution to your savings account today and the last contribution at the end of 2 years, on the day when you buy the new laptop. Assume a year has 52 weeks?The interest rate is 12% (EAR).

Related Book For answer-question

A Concise Introduction to Logic

ISBN: 978-1305958098

13th edition

Authors: Patrick J. Hurley, Lori Watson

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Posted Date: Apr 04, 2023 12:48 AM

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In 2 years from now you want to buy a new laptop. You expect the price of

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A Concise Introduction to Logic

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