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Approximately how much money do you need to deposit today in an account earning 7.1% per year in order to pay for a car that
Approximately how much money do you need to deposit today in an account earning 7.1% per year in order to pay for a car that will cost $21,000 in 4 years?
A. 4.902
B. 17,764
C. $19,608
D. 15,961
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