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Adela wants to purchase a car for cash in 3 years. She estimates that the car will cost $28,000. She wants to deposit an amount
Adela wants to purchase a car for cash in 3 years. She estimates that the car will cost $28,000. She wants to deposit an amount at the end of each month in her savings account for the next 3 years. The bank will pay her 6.5% annually. Calculate how much she should deposit in her account for the next 3 years. Show your work in excel
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