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#2 and #3 go together 2. How much do you need to deposit per month, at an APR 12% over a 30 year period to

#2 and #3 go together
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2. How much do you need to deposit per month, at an APR 12% over a 30 year period to have $400,000 in your account? a. $234.45 b. $114.45 C. $205.45 d. $432.45 3. In the case of the previous problem, what was interest earned? a. $300,798 b. $458,798 C. $ 358,798 d. $453,798

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