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How much money must you save at the beginning of each month if you want to save $5000 in 2 years for a down payment
How much money must you save at the beginning of each month if you want to save $5000 in 2 years for a down payment on a new car? The account to which you are saving earns interest at a rate of 3 percent compounded monthly. A. $145.24 B. $202.41 C. $201.90 D. $202.49
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