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You are saving up to buy that brand new car you always wanted. The vehicle is expensive and you want to pay for it all

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You are saving up to buy that brand new car you always wanted. The vehicle is expensive and you want to pay for it all with cash. Your plan is to set aside money at the end of each month. How much money would you need to set aside each month given the following: Annual Interest Rate = # of Months = Estimated Purchase Price of Vehicle Money Currently Saved = 6.00% 36 $49,000 $5,000

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