Mathematics, 20.10.2020 20:01 shygrl05

On November 1, you decide that in exactly two years you will take a cruise that costs $11,211. How much should you deposit each month into your vocation fund in order to have $11,211 in two years to pay for the trip? Assume an annual interest rate of 1.3% compounded monthly. (Assume that the deposits are made at the end of each compounding period.)

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On November 1, you decide that in exactly two years you will take a cruise that costs $11,211. How m...

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