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BigBank wants to offer you 4.40% APR compounded monthly for your interest account. You want to use this account to save for your $134,800 condo
BigBank wants to offer you 4.40% APR compounded monthly for your interest account. You want to use this account to save for your $134,800 condo down payment. How much do you need to save every month for 4 years to meet your goal?
a.$2,630
b.$3,124
c.$2,092
d.$3,068
e.$2,574
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