You want to have $520,000 three years from now. Your planning to invest every three months starting

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You want to have $520,000 three years from now. Your planning to invest every three months starting now. The last payment will be in 3 months. If the annual percentage rate is 9.5%.

What should be your monthly payment?

Related Book For answer-question

Corporate Financial Management

ISBN: 978-0273758839

5th edition

Authors: Glen Arnold

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Posted Date: Apr 04, 2023 01:38 AM

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You want to have $520,000 three years from now. Your planning to invest every three months starting

Question:

Expert Answer:

Answer Required future amount Fv 520000 Number of d... View the full answer

Corporate Financial Management

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