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Sofia and Manuel are purchasing a home They wish to save money for 12 years and purchase a house that has a value of 190

Sofia and Manuel are purchasing a home They wish to save money for 12 years and purchase a house that has a value of 190 000 with cash If they deposit money into an account paying 5 interest compounded monthly how much do they need to deposit each month in order to make the purchase Round your answer to the nearest cent if necessary Itranscript Formulas

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