You want to save $20000 in five years earning 6% interest, how much you have to put away each month?
Your answer is correct if that is the problem.
You want to save $20000 in five years earning 6% interest, how much you have to put away each month?
Your answer is correct if that is the problem.
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The problem is where do you get 6% interest rate, compound month
-howcan^-
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10/05/2011 postreply
06:25:26
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compound monthly these days.
-howcan^-
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10/05/2011 postreply
06:25:58
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yes anual would be 6% and monthly would be 0.5% effective intere
-星星-
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10/05/2011 postreply
08:03:33