How much do you need to save monthly for 7 years at 6 to


You want to save $25,000 for a down payment on a house in 7 years You presently have saved $8, 500 that you will use towards the down payment in an account that will earn 5% annually.

How much do you need to save monthly for 7 years at 6% to achieve your $25,000 goal?

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Financial Management: How much do you need to save monthly for 7 years at 6 to
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