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Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 11.3%. If this

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Howard is saving for a long holiday. He deposits a fixed amount every month in a bank account with an EAR of 11.3%. If this account pays interest every month then how much should he save from each monthly paycheck in order to have $11,000 in the account in six years' time? O A. $175 OB. $153 OC. $109 OD. $88

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