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Xavier wants to save enough money to buy a new car. If he saves $800 at the end of each month for 2 years, what
Xavier wants to save enough money to buy a new car. If he saves $800 at the end of each month for 2 years, what will the nominal annual rate compounded monthly have to be if the car costs $19848? 3.45% 0.304% 3.25% 0.288% 3.85%
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