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Help please! Anna wants to have $5,000 saved when she graduates from college so that she will have a down payment for a new car.

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Anna wants to have $5,000 saved when she graduates from college so that she will have a down payment for a new car. Her credit union pays 4% annual interest compounded monthly. How much money should she deposit each month to have the money available when she graduates in 3 years? 3. Gary decided to save some money for his daughter's college education. He decided to save $300 per quarter. His credit union pays 4.5% per year compounded quarterly. How much money will he have available when his daughter starts college in 10 years? 4

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