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Question 12 (1 point) You plan on making monthly payments for the next ten years in order to accumulate $120,000. If the rate of return

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Question 12 (1 point) You plan on making monthly payments for the next ten years in order to accumulate $120,000. If the rate of return is 10% compounded monthly, determine the value of the monthly payments. $585.81 $646.61 $485.61 O$946.61 $546.61

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