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Jason Thomas has saved $3,500 towards a down payment on a new truck. He wants to have a total of $20,000 and plans to buy

Jason Thomas has saved $3,500 towards a down payment on a new truck. He wants to have a total of $20,000 and plans to buy in 3 years. How much will he have to save at the end of each month if he can earn 2.5% on his savings?

Multiple Choice

  • $433.64

  • $635.25

  • $636.58

  • $434.55

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