Mathematics, 29.10.2019 06:31, ezequiel2k

25

gabe is getting married in three years and wants to save $20,000 for his wedding. he opens an account earning 6% interest, compounded monthly. find the periodic monthly deposit (payment) needed to achieve a balance of $20,000 after three years.

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25 gabe is getting married in three years and wants to save $20,000 for his wedding. he opens an account earning 6% interest, compounded monthly. find the periodic monthly deposit (payment) needed to achieve a balance of $20,000 after three years.

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25

gabe is getting married in three years and wants to save $20,000 for his wedding. he opens an account earning 6% interest, compounded monthly. find the periodic monthly deposit (payment) needed to achieve a balance of $20,000 after three years.