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The amount you must deposit now in your savings account, paying 8% interest, in order to accumulate $8000 for a down payment 5 years from

The amount you must deposit now in your savings account, paying 8% interest, in order to accumulate $8000 for a down payment 5 years from now on a new car is

$5438.

$5445.

$5161.

$1600.

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