In order to have $391,185 in 26 years, how much needs to be deposited each month into

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In order to have $391,185 in 26 years, how much needs to be deposited each month into a bank account whose annual rate is 1.8% with monthly compounding?

Related Book For answer-question

Integrated Accounting

ISBN: 978-1285462721

8th edition

Authors: Dale A. Klooster, Warren Allen, Glenn Owen

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Posted Date: Jul 25, 2023 03:59 AM

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In order to have $391,185 in 26 years, how much needs to be deposited each month into

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To calculate the monthly deposit required we can use the formula for the future ... View the full answer

Integrated Accounting

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