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You are saving money to buy a car. If you save $300 per quarter starting three months from now at an interest rate of 5.00%,

You are saving money to buy a car. If you save $300 per quarter starting three months from now at an interest rate of 5.00%, how much will you be able to spend on the car after saving for 12 years? $16,770 $14,609 $20,221 $18,087 $19,569

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