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Stephen plans to purchase a car 7 years from now. The car will cost $37,672 at that time. Assume that Stephen can earn 7.09 percent

Stephen plans to purchase a car 7 years from now. The car will cost $37,672 at that time. Assume that Stephen can earn 7.09 percent (compounded monthly, semi-annually, and daily ) on his money. How mu...

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