Sofia and Manuel are purchasing a home They wish to save

Last updated: 4/27/2023

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