Business, 30.09.2021 09:20 1r32tgy5hk7

At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He expects to earn 8 percent (compounded monthly) on his investments over the next 8 years. How
much would your friend have to put in his investment account each month to reach his goal?

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At the end of 8 years, your friend wants to have $50,000 saved for a down payment on a house. He e...