Scenario C

Suppose that Arthur's initial deposit is $$2000.$ He makes regular deposits on $5$th of each month. Interest compounds

on the $1$st and $20$th of each month, at an APR of $10\%.$ Arthur would like the account balance to reach $$20,000$ on

January $15$ th $2026.$

Determine how much money Arthur should deposit regularly so that he achieves his goal. Round your answer

to two decimal places.