Determine the monthly savings that he should make with
Question: a man wishes to prepare the future of his 10year old son. determine the monthly savings that he should make with interest at 5.41% perannum to amount to $120,000 at the time his son will be 18 years old. (Ans. A=$1,007.22)
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Determine the monthly savings that he should make with interest at 5.41% perannum to amount to $120,000 at the time his son will be 18 years old.
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