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You currently have $2,500 in your savings account. You would like to have $8,000 four years from today. How much must you deposit in equal
You currently have $2,500 in your savings account. You would like to have $8,000 four years from today. How much must you deposit in equal amounts at the end of each month for the next four years in order to reach your goal at an interest rate of 9% per year, compounded monthly? Select one: a. $76.87 b. $86.63 c. $80.69 d. $91.49
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