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Gregory wants to raise $12 500 for a motorcycle. He deposits the same amount every month, for 18 months, in a savings account that earns

Gregory wants to raise $12 500 for a motorcycle. He deposits the same amount every month, for 18 months, in a savings account that earns him 1.25% interest compounded monthly. How much does he have to deposit every month to reach his goal? Select one: O a. $688.32 O b. $1 026.59 O C. $756.30 O d. $956.27 O e. $801.08

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