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Explain properly please Man-Duen has 13 months to save $3,850.00 for his university tuition. He deposits $X today, $525.00 in 5 months, and $200.00 in

Explain properly please

Man-Duen has 13 months to save $3,850.00 for his university tuition. He deposits $X today, $525.00 in 5 months, and $200.00 in 8 months. The account earns interest at the rate i(365)=1.420%. Find X, so that she will reach his target on time. a. $3,132.63 b. $3,194.06 c. $3,255.48 d. $3,071.21 e. $3,009.79

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