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You want to purchase a new car in 4 4 years and expect the car to cost 3 0 , 0 0 0 . Your

You want to purchase a new car in 44 years and expect the car to cost 30,000. Your bank offers a plan with a guaranteed APR of 4.5% if you make regular monthly deposits. How much should you deposit each month to end up with $30,000 in 44years?

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