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3) You really want a new hot tub that costs $4.000, a. If you have an account earning 6% interest, how much would you need

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3) You really want a new hot tub that costs $4.000, a. If you have an account earning 6% interest, how much would you need to save every month for the next 2 years to buy the hot tub? b. If you buy the hot tub on a credit card with a 16% APR, how much will your monthly payments need to be to pay it off in 2 years

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