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(7 points) You would like to buy a car in two years when you graduate. Currently you have $2000 in a money-market account that is

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(7 points) You would like to buy a car in two years when you graduate. Currently you have $2000 in a money-market account that is earning 5%, compounded monthly. The car you wish to purchase will cost $20,000, but you are planning to put only half down (i.e. $10,000 down) and to borrow the other $10,000 when you buy the car. How much additional money will you have to deposit into your money-market account today (just ONE deposit) in order to have enough for the down payment

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