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Business, 24.10.2019 05:00 nehemiahj85

Your child is planning attend summer camp for three months, starting 7 months from now. the cost for camp is $1,000 per month, each month, for the three months she will attend. if your investments earn 5% apr (compounded monthly), how much must you invest each month, starting next month, for 3 months such that your investment will grow to just cover the cost of the camp?

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