If you want to have $25,000 saved in 5 years and it earns an interest rate of 3.5% compounded monthly, what is the
amount you need to save each month? Find the payment.
Do not enter the negative sign from your calculator (if there is one) or the dollar sign. Round to two decimal places.
amount you need to save each month? Find the payment.
Do not enter the negative sign from your calculator (if there is one) or the dollar sign. Round to two decimal places.