Mathematics, 26.11.2021 01:00 cassiuspricerules

I need to give the steps for this problem. Note that it asks how much I must contribute monthly. It is NOT asking for principal. How much money must be deposited in a savings account each month to accumulate $10,000 at the end of 5 years, if the bank pays interest at the rate 6% per year, compounded daily?

$ 143.27

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