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You want to purchase a new car in 7 years and expect the car to cost $80,000. Your bank offers a plan with a guaranteed

You want to purchase a new car in 7 years and expect the car to cost $80,000. Your bank offers a plan with a guaranteed APR of 5.5% if you make regular monthly deposits.

How much should you deposit each month to end up with $80,000 in 7 years?

You should invest how much each month. ???

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