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m1 Derek borrows $39,239,00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.63%.

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Derek borrows $39,239,00 to buy a car. He will make monthly payments for 6 years. The car loan has an interest rate of 5.63\%. After a 13.00 months Derek decides to pay off his car loan. How much must he give the bank? Answer format: Currency: Round to: 2 decimal places. Derek wants to withdraw $13,099.00 from his account 5.00 years from today and $12,335.00 from his account 14.00 years from today. He currently has $2,495.00 in the account. How much must he deposit each year for the next 14.0 years? Assume a 5.88% interest rate. His account must equal zero by year 14.0 but may be negative prior to that

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