a. Use the appropriate formula to determine the periodic deposit.

b. How much of the financial goal comes from deposits and how much comes from interest?

Periodic deposit $? at the end of each month

Rate : 5.5% compounded monthly,

time: 10 years,

financial goal: $190,0000

a. the periodic deposit is $ (Do not round until the final answer. Then round up to the nearest dollar as needed.)

b. $ of the $190,000 comes from deposits and $ comes from interest. (Use the answer from part (a) to find these answers. Round to the nearest dollar as needed.)