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6. You want to receive $5,000 per month for the next 5 years. What monthly rate would you need to earn if you only have

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6. You want to receive $5,000 per month for the next 5 years. What monthly rate would you need to earn if you only have $200,000 to deposit? 7. You are saving for a new car and plan to put $3,000 per year in an account paying 7%. The first deposit is made today. How much will you have at the end of 5 years

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