You want to build a $200,000 home down payment fund by making regular, end of year deposits Assume that your deposit earns a yearly interest rate of 8 How much should you deposit each year over the next 18 years to hit your goal in 18 years You want to build a $200,000 home down payment fund by ma...

FV PMT 1 rn 1 r PMT FV r 1 rn 1 PMT 200000 008 1 008 ...

You want to build a $200,000 home down payment fund by making regular, end-of-year deposits. Assume...

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

Posted Date: May 08, 2023 01:23 AM

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