Suppose you want to save in order to purchase a new boat. Take the APR to be 7.2%. You want to have $11,000 toward the purchase of a boat in three years. How much do you need to deposit each month?...

can someone help me please

Extracted text: Suppose you want to save in order to purchase a new boat. Take the APR to be 7.2%. You want to have $11,000 toward the purchase of a boat in three years. How much do you need to deposit each month? (Round your answer to the nearest cent.)