SOLUTION: A grandmother wishes to save $150,000 for her granddaughters' nursery education four years from now. How much should she deposit monthly in a bank if it pays at 6.5% converted mon
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Question 1193767: A grandmother wishes to save $150,000 for her granddaughters' nursery education four years from now. How much should she deposit monthly in a bank if it pays at 6.5% converted monthly? Answer by ikleyn(52781) (Show Source):