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Heidi is planning to purchase a car but does not want to borrow money from the bank so she plans to save for five years.

Heidi is planning to purchase a car but does not want to borrow money from the bank so she plans to save for five years. She opens an account and deposits $2,500. At the beginning of each month, she deposits $125 into the account. 

If the account pays interest at the rate of 5.5% per year, how much will she have saved to buy the car at the end of five years?

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