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Jessie is planning on buying a new car in 2 years and estimates she will need $35,000. She has opened an account paying 9%

Jessie is planning on buying a new car in 2 years and estimates she will need $35,000. She has opened an account paying 9% per year compounded monthly and will be making monthly deposits to reach her goal. How much should each end-of-the-month deposit be?

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