Question: Question 12 (1 point) You plan on making monthly payments for the next ten years in order to accumulate $120,000. If the rate of return

 Question 12 (1 point) You plan on making monthly payments for

Question 12 (1 point) You plan on making monthly payments for the next ten years in order to accumulate $120,000. If the rate of return is 10% compounded monthly, determine the value of the monthly payments. $585.81 $646.61 $485.61 O$946.61 $546.61

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