Business, 20.09.2020 09:01 tduncan8335
You plan to buy the house of your dreams in 15 years. You have estimated that the price of the house will be $97,588 at that time. You are able to make equal deposits every month at the end of the month into a savings account at an annual rate of 12.34 percent, compounded monthly. How much money should you place in this savings account every month in order to accumulate the required amount to buy the house of your dreams?
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