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You want to buy a Volvo in six years. The car is currently selling for $ 5 5 , 0 0 0 , and the
You want to buy a Volvo in six years. The car is currently selling for $ and the price will increase at a compound rate of per year. You can presently invest in highyield bonds caming a compound annual rate per year. How much must you invest at the end of each of the next six years to be able to purchase your dream car in six ycars?
A $
B $
C $
D $
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