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Ms. Parker would like to have $49,000 to buy a new car in 4 years. To accumulate $49,000 in 4 years, how much should she
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Ms. Parker would like to have $49,000 to buy a new car in 4 years. To accumulate $49,000 in 4 years, how much should she invest monthly in a sinking fund with 9% interest compounded monthly?
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