Perry decides to wait until his niece starts kindergarten to start her college fund. If he is
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Perry decides to wait until his niece starts kindergarten to start her college fund. If he is depositing $100 per month into an account that pays 10%, how much will there be for her in 13 years?
Martin wants to accumulate $50,000 to make a down payment on a house. He currently has $15,000 saved toward this goal. He can invest $500 at the end of every month for the next four years. What interest rate, compounded monthly, will allow Martin to achieve his goal?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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