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Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 7.9%. If this

Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 7.9%. If this account pays interest every month then how much should he save from each monthly paycheck in order to have $10,000 in the account in two years' time? COD OA. $387 OB. $542 OC. $619 OD. $310

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