Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 5% How much should
you deposit monthly to accumulate $170,000 in 15 years?

the monthly payment is $636.02

Step-by-step explanation:

The computation of the monthly amount deposited i.e. PMT is given below:

GIven that

NPER = 15 × 12 months = 180

RATE = 5% ÷ 12 = 0.4167%

PV = $0

FV = $170,000

based on the above information

The formula is shown below:

= PMT(RATE;NPER;PV;FV;TYPE)

AFter applying the above formula, the monthly payment is $636.02

73.0769230769% of the games were won

step-by-step explanation:

two pairs of adjacent sides are of equal length. this implies that one diagonal divides the kite into congruent triangles, and so the angles between the two pairs of equal sides are equal in measure. it also implies that the diagonals are perpendicular.