Question: Scenario C Suppose that Arthur's initial deposit is $ 2 0 0 0 . He makes regular deposits on 5 th of each month. Interest

Scenario C
Suppose that Arthur's initial deposit is $2000. He makes regular deposits on 5th of each month. Interest compounds
on the 1st and 20th of each month, at an APR of 10%. Arthur would like the account balance to reach $20,000 on
January 15 th 2026.
Determine how much money Arthur should deposit regularly so that he achieves his goal. Round your answer
to two decimal places.
Scenario C Suppose that Arthur's initial deposit is $2000. He makes

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