Tuesday 6 March 2018

You need $5,000 in 6 months for your property tax bill. If your investments earn 4% APR (compounded monthly)


You need $5,000 in 6 months for your property tax bill. If your investments earn 4% APR (compounded monthly), how much do you have to invest each month, starting next month, for 3 months, such that your investment will grow to just cover your property tax bill?

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