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Jour friend is graduating in May and secured a full-time job in NYC. She is willing to sell you her car for $10,000 next May

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Jour friend is graduating in May and secured a full-time job in NYC. She is willing to sell you her car for $10,000 next May (on May 1 st). What would be a lump-sum amount you can put in the bank on September 30 th, if bank offers 6% monthly compounded interest rate on investments? Jour friend is graduating in May and secured a full-time job in NYC. She is willing to sell you her car for $10,000 next May (on May 1 st). What would be a lump-sum amount you can put in the bank on September 30 th, if bank offers 6% monthly compounded interest rate on investments

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