Konstantin wants to save $46,000.00 for the down payment on a house. He already has $3,680.00, and
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Konstantin wants to save $46,000.00 for the down payment on a house. He already has $3,680.00, and he will make monthly deposits for the next 9 years (at the end of each period). The interest rate is 2.525% compounded semi-annually. How much will the monthly deposits be?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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