Please include step by step so I know how to do it. Thanks. Susan...
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Please include step by step so I know how to do it. Thanks.
Susan and Bill Stamp want to set up a TDA that will generate sufficient interest at maturity to meet their living expenses, which they project to be $1,000 per month. Find the amount needed at maturity to generate $1,000 per month interest if they can get 7% interest, compounded monthly
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Please include step by step so I know how to do it. Thanks.