Business, 10.10.2019 22:00 nooidbcj

John wishes to set up an account for his grandfather so that he can have some extra money each month. john wants his grandfather to be able to withdraw $120 per month for the next 3 years. how much must john invest today at 5% per year compounded monthly so that his grandfather can withdraw $120 per month for the next 3 years?

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John wishes to set up an account for his grandfather so that he can have some extra money each month...