Math Solutions

(Solution Library) A student wishes to go on a big holiday when she finishes university in 1 years’ time. To do this she needs to save up $22,000 to pay

Question: A student wishes to go on a big holiday when she finishes university in 1 years’ time. To do this she needs to save up $22,000 to pay for the holiday. Deposits will at the end of each month. She has decided to invest her money at 3% per year. How much does she need to save each month (including the final month's payment (answer to the nearest dollar)

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Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


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