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3. 10.00 points A company has developed a unique way to allow their employees to accumulate $5000 in order to buy $5000 worth of shares

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3. 10.00 points A company has developed a unique way to allow their employees to accumulate $5000 in order to buy $5000 worth of shares in the company. The company will see an account for each employer paying interest 112%. At the end of every month the company wil deduct an amount from an employee's pay and deposit into this account first deduction made 1 month from now. The company has decided to deduct payments of $8125, plus make a smaller concluding deduction one month after the final deduction of $8125, at which time the employee will have $5000. What is the size of this smaller concluding deduction O $25.66 O $25 92 O No final deduction is needed O $248

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