You want to save $14,000 for a down payment on a home by making regular monthly deposits

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You want to save $14,000 for a down payment on a home by making regular monthly deposits over four years. Take the APR to be 5.3%. How much money do you need to deposit each month? (Round your answer to the nearest cent.) $

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Posted Date: May 08, 2024 02:13 PM

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You want to save $14,000 for a down payment on a home by making regular monthly deposits

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To calculate the monthly deposit needed to save 14000 over four years with an AP... View the full answer

Fundamentals of corporate finance

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