You are planning to pursue an MBA degree, starting 4 years from today. The current cost of

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You are planning to pursue an MBA degree, starting 4 years from today. The current cost of this program is $102,500, and the assumed annual rate of inflation is 5%. Your savings account pays interest of 12%, compounded weekly.

How much must you deposit every month in your savings account for the next 4 years to meet the anticipated cost of your degree program?

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Jun 27, 2023 09:48 AM

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You are planning to pursue an MBA degree, starting 4 years from today. The current cost of

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Fundamentals Of Corporate Finance

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