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2. You opened a savings account and set a goal of saving a total of $20,000 at the end of year 5 . You plan

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2. You opened a savings account and set a goal of saving a total of $20,000 at the end of year 5 . You plan to make monthly deposits. The APR is 4.8%, compounded monthly. How much should you deposit each month to reach your goal? (a) $375.59 (b) $295.59 (c) $1021.30 (d) $333.33

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