Solution-How much should each of his deposits be

How much should each of his deposits be

Reference no: EM132195298

Question - Juan has a goal of saving up $55328 by making biweekly (26 per year) deposits into a savings account for the next 9 years. If the account has an annual interest rate of 1.2%, how much should each of his deposits be? Round your answer to the nearest dollar.

Reference no: EM132195298

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How much should each of his deposits be

Reference no: EM132195298

Reference no: EM132195298

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Accounting Basics Questions & Answers

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Coures:- fundamental accounting principles

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Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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