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You need to have $2,500 for a down payment on a car in 6 years. If you can earn an annual interest rate of 4.25

You need to have $2,500 for a down payment on a car in 6 years. If you can earn an annual interest rate of 4.25 percent, how much will you have to deposit today? $1,897.84 $1,947.53 $1,987.04 $1,912,84 $1,940.27

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