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How much must be deposited at the end of each month for 5.25 years to accumulate to $1255.00 at 7% compounded monthly? The required deposit

How much must be deposited at the end of each month for 5.25 years to accumulate to $1255.00 at 7% compounded monthly?

The required deposit is $__________

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places asneeded.)

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