You plan on putting money aside at the end of every month for the next...
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Accounting
You plan on putting money aside at the end of every month for the next 3 years in an annuity that pays an annual interest rate of 12%. (Monthly interest rate of 1%)
You expect that the car of your dreams will cost $35,450 in 3 years.
How much money should you put into the annuity every month?
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