Question: can you please solve with hands? It has been solved in excel with different numbers but they didn't provide the steps on how they got
Milos wants to have 128,802 dollars in 9 years. Milos plans to make regular savings contributions of 5,890 dollars per year for 9 years, with the first of these regular savings contributions made later today. In addition, Milos expects to make a special savings contribution of Xin 2 years. He expects to earn 11.96 percent per year. What is X, the amount of the special savings contribution that Milos will make in 2 years from today? Number
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