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Answered

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4) Valery wants to go on a $12,000 vacation in 6 months. She has a bank account that pays 4.25% interest, compounded monthly. How much must she deposit each month to afford the vacation?

Periodic deposit
Investment formula

4 Valery Wants To Go On A 12000 Vacation In 6 Months She Has A Bank Account That Pays 425 Interest Compounded Monthly How Much Must She Deposit Each Month To Af class=

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