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n i PV$1 FV$1 PVA FVA 5 6.00% 0.74726 1.33823 4.21236 5.6371 60 0.50% 0.74137 1.34885 51.72556 69.7700 You want to have $35,000 at the
n | i | PV$1 | FV$1 | PVA | FVA |
5 | 6.00% | 0.74726 | 1.33823 | 4.21236 | 5.6371 |
60 | 0.50% | 0.74137 | 1.34885 | 51.72556 | 69.7700 |
- You want to have $35,000 at the end of 5 years to buy a new car. How much should you save each month to achieve your goal if you can earn 6%? $_______ (round to nearest dollar)
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