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Please help You would like to set aside enough money to pay for the maintenance you will need for your new car. You estimated that
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You would like to set aside enough money to pay for the maintenance you will need for your new car. You estimated that you will need $872 at the end of year 2, and another $1407 at the end of year 7. How much do you need to set aside today in order to pay for all of these expenses, assuming that the bank pays 8% per year compounded annuallyStep by Step Solution
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