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Lennox currently is paying $300 a month for his car insurance. His insurance agent recommends he install a device that monitors his driving and sends

Lennox currently is paying $300 a month for his car insurance. His insurance agent recommends he install a device that monitors his driving and sends the info to the insurer. He can potentially save up to 30% if his monitored reports are good. How much can Lennox potentially save in two years for his vacation fund now if he can earn 6% APR compounded monthly in an investment

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