Question: You want to save for a down payment on a new home in the future. You can invest $600 at the end of each month,
You want to save for a down payment on a new home in the future. You can invest $600 at the end of each month, and you expect to earn 6\% APR compounded monthly on your investment. How much will you be able to have saved in 2 years? Your Answer: Answer Question 8 ( 0.5 points) You have $82,000 in your account that you want to grow to triple that amount in 20 years. What annual rate of return is necessary to reach your goal? (Note: Enter your answer is a decimal, not a percentage. For example, enter .0452 instead of 4.52% ) Your
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