Question: How much should be saved today to be able to obtain the amount of $10,000.00 monthly for two years; Yes, the first withdrawal is within

How much should be saved today to be able to obtain the amount of $10,000.00 monthly for two years; Yes, the first withdrawal is within five months and the interest rate is 4.3% per year?

use the formula:

- A = (1 + i) * [R ( 1 (1 + i) )] i

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