Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Michelle Frost wants to accumulate $10,000 in 3 years for a trip to Hawaii. If her bank is paying 12% interest compounded monthly, how much must Michelle deposit at the END of each month to reach her desired goal?

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Michelle Frost wants to accumulate $10,000 in 3 years for a trip to Hawaii. If her bank is paying 12% interest compounded monthly, how much must Michelle deposit at the END of each month to reach her desired goal?

Use Tables 12-1 and 12-2 from Your Text to Answer