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2.4 Steve is saving for a car in a bank account that pays 3% interest, compounded monthly. The balance is saving $200 per month from
2.4 Steve is saving for a car in a bank account that pays 3% interest, compounded monthly. The balance is saving $200 per month from his salary, and after the first month, he will increase the amount by $10 per month. Once every four months now $2000. Steve will be (starting in four months) he adds $120 in dividends from an investment. Bank fees are currently $5 per month. How much will Steve have saved in three years
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