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With that, you are able to determine the amount you would need to make investments now (present value) to ensure that your account being worth a specified sum at some time Later on (upcoming value) using a supplied curiosity amount. The 2nd equation can certainly be solved for m, just after which you'll be able to calculate, by way of example, the size of a month to month payment you would want for making as a way to have a certain amount of money eventually Later on. When solved for m, the 2nd equation is called the sinking fund method
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