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You want to purchase a new car in 7 years and expect the car to cost $ 5 1 comma 0 0 0 . Your

You want to purchase a new car in 7 years and expect the car to cost $51 comma 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 $51 comma 000 in 7years?
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Part 1
You should invest $
enter your response here each month.

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