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(1 point) John wants to buy a new sports car, and he estimates that he'll need to make a $4,875.00 down payment towards his

(1 point) John wants to buy a new sports car, and he estimates that he'll need to make a $4,875.00 down payment towards his purchase. If he has 28 months to save up for the new car, how much should he deposit into his account if the account earns 5.951% compounded continuously so that he may reach his goal? John needs to deposit $ 4,240

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