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Tom's property taxes are 3 , 3 0 0 per year. The bank that holds his mortgage requires him to make monthly deposits into a

Tom's property taxes are 3,300 per year. The bank that holds his mortgage requires him to make monthly deposits into a sinking fund at the beginning of each month in order to accumulate the total for his taxes at the end of the year. If theaccount earns 4.8% interest, how much should each monthly payment be

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