Question: please answer with explanation and calculation and in good presentation 2) If you want to accumulate 250,000 in your account in five years by making

please answer with explanation and calculation and in good presentation

2) If you want to accumulate 250,000 in your account in five years by making fixed end-ofthemonth investments in an account that pays a nominai annual rate of 24% compounded monthly, what should be the size of your fixed payments

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