Question: 2 ) You want to start saving for a small lake cottage and after much research determine that youll need $ 2 9 5 ,

2) You want to start saving for a small lake cottage and after much research determine that youll need $295,000 in 10 years. If the account you are using to save pays 4.8% interest compounded monthly, how much will you need to put into the account each month to reach $295,000?

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