Question: You expect that you will need to replace your furnace in 5 years at a cost of $15,619. How much must you save, each month

You expect that you will need to replace your furnace in 5 years at a cost of $15,619. How much must you save, each month for 13 months, starting next month (the same amount each month) if your savings account pays 2.27% APR (compounded monthly)? D Question 6 1 pts You plan to spend a semester abroad in France. You will live in France for 12 months starting 11 months from now. Each month in France will cost you $7,866 How much must you invest each month, for 5 months, starting next month to exactly pay for your trip if your investments earn 4.38% APR (compounded monthly)

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