a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of each month...


a. Use the appropriate formula to determine the periodic deposit.<br>b. How much of the financial goal comes from deposits and how much comes from interest?<br>Periodic Deposit<br>$? at the end of each month<br>Rate<br>8.25% compounded monthly<br>Time<br>50 years<br>Financial Goal<br>$1,250,000<br>Click the icon to view some finance formulas.<br>.....<br>a. The periodic deposit is $<br>(Do not round until the final answer. Then round up to the nearest dollar as needed.)<br>

Extracted text: a. Use the appropriate formula to determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of each month Rate 8.25% compounded monthly Time 50 years Financial Goal $1,250,000 Click the icon to view some finance formulas. ..... a. The periodic deposit is $ (Do not round until the final answer. Then round up to the nearest dollar as needed.)

Jun 04, 2022
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