Ron needs to save $60,000 for a down payment on his new house. He needs this money in 5 years. Ron is planning on taking the $10.000 he already has and adding month-end payments to his investment, If...


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Ron needs to save $60,000 for a down payment on his new house. He needs this money in 5 years. Ron is planning on taking the $10.000 he already<br>has and adding month-end payments to his investment, If his investment will earn 6,5% compounded quarterly, how much will his month-end<br>payments need to be? Round to two places after the decimal Enter negative sign-in boxes as required<br>P/Y<br>c/Y<br>PV<br>PMT<br>FV<br>Ron will need to make month-end payments of $<br>

Extracted text: Ron needs to save $60,000 for a down payment on his new house. He needs this money in 5 years. Ron is planning on taking the $10.000 he already has and adding month-end payments to his investment, If his investment will earn 6,5% compounded quarterly, how much will his month-end payments need to be? Round to two places after the decimal Enter negative sign-in boxes as required P/Y c/Y PV PMT FV Ron will need to make month-end payments of $

Jun 03, 2022
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