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Julie wishes to begin making monthly deposits into a savings account which earns 5% interest annually. If she intends to have saved $8,500 by the

Julie wishes to begin making monthly deposits into a savings account which earns 5% interest annually. If she intends to have saved $8,500 by the end of 3 years, how much must she deposit each month? a. $219 b. $236 c. $474 d. $225

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