Larry wants to have 500,000 in 20 years he found an annuity that is paying 3% with monthly compounding.

correct answe is showing at the bottom. trying to see what i did wrong.

How much should be deposited each month? Preview Monthly deposit $1144 21 $1144.21 Not quite. Try again. He decides he can only afford $1,200.00 each month. How much will he deposit, in total? Total Nope. Try again. What will the future account balance be? Futore value $288000 Not quite. Try again. How much interest, in total, will be earned? $236377/44 Not quite. Try again. Nope. Score: 0% The exact amount necessary to have $500,000.00 in 20 years is $1,522.99 With a deposit of $1,200.00, the account will have a future value of $393,962.40. $288,000.00 will be deposited in total, and $105,962.40 will be earned in interest. Preview $ 288,000 Preview $ 236,377.44 Que Quer Que Ques Ques Ques Quest Quest Summ