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1. You buy a car and the dealer says they will let you drive away today for $250.00 per month for five years at 9%.

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1. You buy a car and the dealer says they will let you drive away today for $250.00 per month for five years at 9%. What exactly are they charging you for the car? show dollars and cents here in the answer. 2. Mike plans to invest $100.00 per month for 20 years. He wants his account to grow to #35,000. What interest rate will he have to earn to achieve his goal? rate

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