Question: The correct answer is: $ 3 2 7 2 3 Abe deposited a sum of money at the end of every month for 1 5

The correct answer is: $32723
Abe deposited a sum of money at the end of every month for 15 years at 8.5% compounded monthly. After the last deposit, interest for the account is to be 3.5% compounded quarterly and the account is to be paid out by end-of-quarter quarterly payments of $5905.00 over 17 years. What is the size of the monthly deposit?
Select one:
A. $1466
B. $560735
C. $1550
D. $1160
E. $756
 The correct answer is: $32723 Abe deposited a sum of money

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