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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 9.5%. If this

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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 9.5%. If this account pays Interest every month then how much should ho save from each monthly paycheck in order to have $8,000 in the account in four years' time? OA $111 OB. $139 C. $194 OD. $222

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