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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

  1. 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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