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  3. 4. assume that you want to save $20,000 after 4 ye

4. Assume that you want to save $20,000 after 4 years. Today you will invest...

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4. Assume that you want to save $20,000 after 4 years. Today you will invest $7,000, your bank will give you 7.5%. What should be your monthly investment at the end of every month in order to save this sum? (20 Points)

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