A family needs a 50000 down payment for the purchase of a


A family needs a $50,000 down payment for the purchase of a house. In order to reach their $50,000 target, how much does the family need to contribute monthly to a savings fund, over 10 years, that pays 3.5 % interest compounded quarterly?

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Microeconomics: A family needs a 50000 down payment for the purchase of a
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