40.8k views
2 votes
Rosale and jayden are purchasing a home. They wish to save money for 12 years and purchase a house that has a value of $200,000 with cash. If they deposit money into an account paying 6% 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.

User Waseem
by
8.2k points

1 Answer

4 votes
only 150 of it was there
User Superfly Jon
by
8.0k points

No related questions found