How much would their monthly savings be, Finance Basics

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How much would their monthly savings be

A couple wants to renovate their house in 3 years. They need $27,000 which they plan to save for in monthly payments in an account that pays 8.5% compounded monthly. How much would their monthly savings be?

Rosemary would like to buy a chalet overlooking the Alps for $300,000. She can save up to $10,000 a month in an account paying 15% interest compounded monthly. How long will it take her to wait?

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Finance Basics: How much would their monthly savings be

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Finance Basics: How much would their monthly savings be

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Recent Questions Asked Finance Basics

Q : Confidence interval estimate for the proportion

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Q : How much would their monthly savings be

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How much would their monthly savings be

Reference No:- TGS0723565

Recent Questions Asked Finance Basics

Q : Confidence interval estimate for the proportion

Q : Why the banks return on equity being reduce to zero

Q : Standard normal random variable

Q : How close does the proton acquire to the line of charge

Q : How much would their monthly savings be

Q : How much will she have when she retires

Q : Magnitude of the acceleration of the blocks

Q : How long should he wait to save the entire amount

Q : What is the mass of the cart

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