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Rachel still wants that new camera that costs $3800 for her photography business. Her savings account earns .89% compounded monthly. Rachel wants to know how

  1. Rachel still wants that new camera that costs $3800 for her photography business. Her savings account earns .89% compounded monthly.
    1. Rachel wants to know how long it will take her to save for the camera if she makes monthly deposits of $75.
    2. How much will she pay in the long run for the camera if she makes monthly deposits of $75?

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