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A news article forecasts that it will cost around $36,871 to purchase a Lexus NX300 in 2024. How much will you have to invest today

A news article forecasts that it will cost around $36,871 to purchase a Lexus NX300 in 2024. How much will you have to invest today at 6.96% per year to have the $36,871 available for the purchase of the car four years from today?

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