[Solved] If Shazaad wants to save $40,000 for a do

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If Shazaad wants to save $40,000 for a down payment on a home in five years, assuming an interest rate of 4.5 percent compounded quarterly,

If Shazaad wants to save $40,000 for a down payment on a home in five years, assuming an interest rate of 4.5 percent compounded quarterly, how much money does he need to save each month? (PMT) Round to the nearest cent.

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