Tuesday 6 March 2018

You need $575 in 6 months for your auto insurance bill. If your investments earn 3% APR


You need $575 in 6 months for your auto insurance bill. If your investments earn 3% APR (compounded monthly), ), how much do you have to invest each month, starting next month, for 4 months, such that your investment will grow to just cover your auto insurance bill?

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