ers a plan with a guaranteed APR of 5.5 % if you make regular monthly deposits. How much should you deposit each month to end up with $81 comma 000 in 7 years?
You should invest $
nothing each month.
$15000. Your bank offers a savings plan with an annual interest rate of 5.5% if you make regular monthly deposits. How much should your monthly deposits be in order to end up with $15000 in 3 years? Round your answer to the nearest cent.