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Mathematics, 25.07.2019 13:30 kaylinreed7

Bobby would like to take a trip to greece in 5 years. he will need $1,575 monthly while he is there and expects to remain there for 8 months. if money is worth 3.9% compounded monthly, how much will bobby need to deposit now in order to make his trip to greece become a reality? assume he will need the money at the beginning of each month.

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Bobby would like to take a trip to greece in 5 years. he will need $1,575 monthly while he is there...
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