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BCOR 311 4. You want to have $25,000 in cash to buy a car 2 years from today. You expect to earn 8 percent compounded

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BCOR 311 4. You want to have $25,000 in cash to buy a car 2 years from today. You expect to earn 8 percent compounded annually, on your savings. How much do you need to deposit today if this is the only money you save for this purpose? Show calculations or calculator inputs

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