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You want to buy a car and are trying to save up for the down payment. You want to purchase the car 12 months from
You want to buy a car and are trying to save up for the down payment. You want to purchase the car 12 months from now and need $4,200 for the down payment. you can save $75 each week over the next 52 weeks. What is the rate of return do you need to make the savings you are making worth the amount needed for the down payment
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