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You want to purchase a car 4 years from now, and you plan to save $6,300 per year, beginning immediately. You will make 4 deposits
You want to purchase a car 4 years from now, and you plan to save $6,300 per year, beginning immediately. You will make 4 deposits in an account that pays 4.8% interest. Under these assumptions, how much will you have 4 years from today? (please round your answer to two decimal points)
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