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You want to purchase a new car in 6 6 years and expect the car to cost $8000 8000. Your bank offers a plan with
You want to purchase a new car in 6
6 years and expect the car to cost $8000
8000. Your bank offers a plan with a guaranteed APR of 6.5 %
6.5% if you make regular monthly deposits. How much should you deposit each month to end up with $8000
8000 in 6
6 years
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