Question: Solve the problem. 12) If $200,000 is to be saved over 10 years, how much should be deposited monthly if the investment earns 4% interest

 Solve the problem. 12) If $200,000 is to be saved over

Solve the problem. 12) If $200,000 is to be saved over 10 years, how much should be deposited monthly if the investment earns 4% interest compounded monthly? 12) D) $1358.24 A) $1231.65 B) $1029.84 C) $1123.41

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