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Business, 16.10.2019 00:20 neriah30

The flores family loves to go sailing on the weekends. mr. flores has decided to purchase a more spacious sailboat. the sailboat he is interested in buying in 3 years will cost him $20,000. an account at invest well bank earns 6% per year compounded monthly. how much should mr. flores deposit in this account at the beginning of each month to be able to pay cash for the sailboat in 3 years?

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