Emilia and Liam are purchasing a home. They wish to save money for 10 years and purchase a house that has a value of $150,000 with cash. If they deposit money into an account paying 4% interest, compounded monthly, how much do they need to deposit each month in order to make the purchase?
Round your answer to the nearest cent, if necessary.

Answer rating: 100% (QA)

ANSWER Seln Future Value FV 150000 dollars Interest r... View the full answer