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Ashif needs to buy a new refrigerator within the next 2 years. The cost will be $2000, and Ashif has found a savings account offering
Ashif needs to buy a new refrigerator within the next 2 years. The cost will be $2000, and Ashif has found a savings account offering him an annual interest rate of 4%, compounded monthly. How much money will Ashif need to invest to be able to buy the refrigerator
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