Alpha Geek

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    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
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Category > Business & Finance Posted 04 Aug 2017 My Price 6.00

After one year living in a university residence, Mary-Beth (see Problem 24) decides to rent

After one year living in a university residence, Mary-Beth (see Problem 24) decides to rent an apartment for the remaining three years of her degree. She has found a nice location that will cost $450 per month; rent for the first and last month must be paid up front. How much money would Mary-Beth need to have in her bank account right now to be sure she will always have enough for rent? The bank account pays 3.75 percent interest, compounded monthly

Answers

(8)
Status NEW Posted 04 Aug 2017 12:08 PM My Price 6.00

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