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Toni Torres wants to save $1,300 in the next two years to use as a down payment on a new car. If her bank offers
Toni Torres wants to save$1,300in the next two years to use as a down payment on a new car. If her bank offers her10%interest, what monthly payment (pymt) would she need to make into an ordinary annuity to reach her goal? (Round the answer to the nearest cent.)
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