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At the end of 5 years, you want to have $50,000 saved for a down payment on the purchase of a corner store.You find a

At the end of 5 years, you want to have $50,000 saved for a down payment on the purchase of a corner store.You find a low risk investment fund that will earn 4%compounded monthlyover the next 5 years.How much would you have to put in this investment fund each month to reach your goal

a.$754.16

b.$769.28

c.$833.33

d.$9,049.91

e.$9,231.36

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