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Emilia and Liam are purchasing a home. They wish to save money for 15 years and purchase a house that has a value of $150,000

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Emilia and Liam are purchasing a home. They wish to save money for 15 years and purchase a house that has a value of $150,000 with cash. If they deposit money into an account paying 4% interest, how much do they need to deposit each month in order to make the purchase? Round your answer to the nearest penny (cent). $177.29 O $609.53 O $274.68 $833.33

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