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You want to purchase a new car in 4 years and expect the car to cost $84,000. Your bank offers a plan with a
You want to purchase a new car in 4 years and expect the car to cost $84,000. Your bank offers a plan with a guaranteed APR of 6.5% if you make regular monthly deposits. How much should you deposit each month to end up with $84,000 in 4 years?
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