Apple Watch NFTs are being released 18 months from today. The expected price of one of these will be $1,165 and you want to be first in line to get one. How much do you need to have in your account today to buy one of these NFTs in 1.5 years? Your account earns 0.7% monthly interest. (Round to the nearest dollar)

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A:

Q: the amount you need to save each month

A: given   fv=25000 n= 5*12=60 interest i = 3.5% PMT =?

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A: Formulas:

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