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2. You plan on buying a new car in 8 years. You need to save about $35,000. You put money in an account drawing 10%

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2. You plan on buying a new car in 8 years. You need to save about $35,000. You put money in an account drawing 10% interest compounded monthly. If you choose to put in one lump sum today, how much would you have to put in to have enough money after 8 years

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