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A bookstore offers you the following deal: you pay $42 today (in January) and you get 6% off the price of everything you purchase in

A bookstore offers you the following deal: you pay $42 today (in January) and you get 6%

off the price of everything you purchase in December (for simplicity assume exactly 12

months from now). If your savings account earns 3.64% APR (compounded monthly), how

much do you have to buy in December to just break even on the offer?

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