Question: Brooke decides that she'll need $26,733 three years from now so that she can pay for her wedding. She doesn't want to take out a
Brooke decides that she'll need $26,733 three years from now so that she can pay for her wedding. She doesn't want to take out a loan, so she opens an account and makes payments into it. Her bank will give her 5.7% interest compounded monthly. How much should her monthly payments be so that she can meet her goal?
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