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George How plans to buy an automobile and can deposit $4,000 toward the purchase today. If the annual interest rate is 9%, how much can

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George How plans to buy an automobile and can deposit $4,000 toward the purchase today. If the annual interest rate is 9%, how much can George expect to have as a down payment in 8 years? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.s. 52.75.) Click here to view the factor table. Amount

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