Question: You would like to save up to put a down payment on a new home. You plan to deposit $ 6 0 0 every three
You would like to save up to put a down payment on a new home. You plan to deposit $ every three months into an account that pays compounded quarterly. How many years will it take for you to save $ Round your answer to decimal place.
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In order to accumulate enough money for a down payment on a house, a couple deposits $ per month into an account paying compounded monthly. If payments are made at the end of each period, how much money will be in the account in years?
Acme Annuities recently offered an annuity that pays compounded monthly. What equal monthly deposit should be made into this annuity in order to have $ in years?
A company estimates that it will need $ in years to replace a computer. If it establishes a sinking fund by making fixed monthly payments into an account paying compounded monthly, how much should each payment be
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