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I'm putting money into a bank account that earns a 9.0% APR with monthly compounding. I plan to invest $400 semi-annually, as well as a...
I'm putting money into a bank account that earns a 9.0% APR with monthly compounding. I plan to invest $400 semi-annually, as well as a to‐be‐determined initial amount today. How much must I invest today to have a total account balance of $30,000 in 7 years?