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You need to pay for the property taxes on your house in 6 months. The property taxes at that time will be $6,000 . How

You need to pay for the property taxes on your house in 6 months. The property taxes at that time will be $6,000 . How much do you have to invest each month, starting next month, for 5 months to exactly pay for the taxes if your investments earn 5.00% APR (compounded monthly)? a. 1,185 b. 1,227 c. 1,221 d. 1,140 d

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