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Suppose you want to have $400,000 for retirement in 20 years. Your account earns 4% interest. a) How much would you need to deposit in

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Suppose you want to have $400,000 for retirement in 20 years. Your account earns 4% interest. a) How much would you need to deposit in the account each month? S b) How much interest will you earn? You want to buy a $17,000 car. The company is offering a 4% interest rate for 60 months (5 years). What will your monthly payments be

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