You need $600 in 6 months for your annual liability insurance umbrella. If your investments earn...

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You need $600 in 6 months for your annual liability insurance umbrella. If your investments earn...

You need $600 in 6 months for your annual liability insurance umbrella.
If your investments earn 4.00% APR (compounded monthly), how much do you have to invest
each month, starting next month for 4 months such that your investment will grow to just cover your insurance bill?

$154

$148

$151

$145

$131

business finance

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