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You are saving money to buy a car. If you save $430 per month starting one month from now at an interest rate of 12%,

You are saving money to buy a car. If you save $430 per month starting one month from now at an interest rate of 12%, compounded monthly, how much will you be able to spend on the car after saving for 6 years? $3,489.53 $45,025.27 $21,994.67 $16,770.33

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