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You are saving money to buy a car. If you save $260 per month starting one month from now at an interest rate of 12%,

You are saving money to buy a car. If you save $260 per month starting one month from now at an interest rate of 12%, how much will you be able to spend on the car after saving for 5 years? A. $12,740 B. $21,234 C. $29,728 D. $25,481

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