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emma and liam are purchasing a home. they wish to save money for 1 2 years and purchase a house that has a value of

emma and liam 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 4% interest, compounded monthly, how much do they need to deposit each minth in order to make the purchase?

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