NY Savings Plan: APY: Loan Payment: PMT [1 nY
pounded monthly. What will the balance be in 24 years? 3. (For 16 points) Assume you start a savings account and plan to have $50,000 35 years from now. Assuming a constant APR of 6.5% for the next 35 years, compounded montly, how much will you have to deposit montly to achieve this goal? 2 ................
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