We will use the following savings plan formula:
Here, A = Accumulated balance = 80000
PMT = Regular payment amount monthly which we need to find
n = 12 (12 payments per year, monthly)
APR = 0.04
Y = 17 years
80000 = PMT * [(1 + 0.04/12)204 - 1]/(0.04/12)
80000 = PMT * [(301/300)204 - 1)]/(1/300)
80000 = PMT*(291.4940673)
PMT = $274.45
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