23.You would like to have a balance of $400,000 at the end of 15 years...
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23.You would like to have a balance of $400,000 at the end of 15 years from monthly savings of $750. If your returns are compounded monthly, what is the APR you need to meet your goal?
24.You will receive a $6,110 bonus when an important company project wraps up in 3 years. What is the value of this bonus right now, if your opportunity cost of money is 5.1%?
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