Question: I got 2742.97. What did I do wrong? Its not the correct answer. Thanks. How much must we invest at the end of each month
How much must we invest at the end of each month to build a balance of $530,000 over 16 years if we earn 796% per annum, compounded monthly? a. 1525.15 b. 1621.33 c. 1456,45 d. 1676.29 e. 1374.01 f. 1731.25
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