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How much longer would make monthly payments

If I needed $150,000 10 years from today, how much would I have to invest at the end of each month in a savings account earning 1.44% annual rate monthly compounding and how much longer would I have to make the monthly payments I computed to end up with $300,000?

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Solution Preview :

Prepared by a verified Expert

Finance Basics: How much longer would make monthly payments

Reference No:- TGS0670290

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Demerit of a private placement sale

Q : Three insurance settlement offers

Q : The amount of cash needed to be borrowed

Q : What is the present value of the cash flows

Q : How much longer would make monthly payments

Q : Dual effects on balance shed equation

Q : What will the dollar amount be in years

Q : The manufacturing overhead budget at mahapatra

Q : Transmission lines and the problem of blackouts in asir

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Solution Preview :

Prepared by a verified Expert

Finance Basics: How much longer would make monthly payments

Reference No:- TGS0670290

Recent Questions Asked Finance Basics

Q : Demerit of a private placement sale

Q : Three insurance settlement offers

Q : The amount of cash needed to be borrowed

Q : What is the present value of the cash flows

Q : How much longer would make monthly payments

Q : Dual effects on balance shed equation

Q : What will the dollar amount be in years

Q : The manufacturing overhead budget at mahapatra

Q : Transmission lines and the problem of blackouts in asir

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