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(1) Stuart wishes to have $14,000 to buy a used car three years from now. He plans to accomplish this, through an account with a

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(1) Stuart wishes to have $14,000 to buy a used car three years from now. He plans to accomplish this, through an account with a nominal interest rate of 3% compounded monthly, by depositing $300 at the end of each month during the rst year, and Q at the end of each month during the second two years. What is the smallest Q that will sufce

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