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John is saving to buy a new car, 4 years from now. His bank quotes him a 6 % annual interest rate if he will

John is saving to buy a new car, 4 years from now. His bank quotes him a 6% annual interest rate if he will add a new money deposit at the end of every month for the next 4 years, the same dollar amount each month. John's goal is to have $30,000 in in his bank account at the end of the 4 years. What dollar amount must he deposit each month to achieve his goal? Show your work.
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