How much would your friend have to put in his investment, Financial Management

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How much would your friend have to put in his investment

At the end of 14 years, your friend wants to have $10,129 saved for a down payment on a house. He expects to earn 12%—compounded annualy—on his investments over the next 14 years. How much would your friend have to put in his investment account each month to reach his goal?

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Financial Management: How much would your friend have to put in his investment

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Financial Management: How much would your friend have to put in his investment

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