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QUESTION 4 You are saving for a car that costs $60,000 that you hope to purchase in eight years, How much will you need to

QUESTION 4 You are saving for a car that costs $60,000 that you hope to purchase in eight years, How much will you need to deponik today in a way account that earns 7%, compounded annually, to withdraw enough for the purchase? $55,800 b. $34,920 Oc $56,076 Od $103,092

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