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Question 3 25 pts Emil is hoping to have $40,000 available in year 2025. He will make annual deposits into an account paying 12.3% (APR)

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Question 3 25 pts Emil is hoping to have $40,000 available in year 2025. He will make annual deposits into an account paying 12.3% (APR) in years 2020 through 2022. How large do the annual deposits need to be in order for Email to accomplish his goal? $941455 $13.303,65 $11.19.88 $8.345.91

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