19. How much money should be invested monthly at 6% per year, compounded monthly, in order to have $10,000 in two years?

Economics Today and Tomorrow, Student Edition
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Chapter6: Saving And Investing
Section6.1: Why Save?
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19. How much money should be invested monthly at 6% per year, compounded monthly, in order to have
$10,000 in two years?
Transcribed Image Text:19. How much money should be invested monthly at 6% per year, compounded monthly, in order to have $10,000 in two years?
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