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You want to purchase a new car in 9 years and expect the car to cost 543,000 . Your bank oflers a plan with a

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You want to purchase a new car in 9 years and expect the car to cost 543,000 . Your bank oflers a plan with a guaranteod APR of 6.5% if you make regular monthly deposits. How much should you deposi each month to end up with $43,000 in 9 yean? You should ivests each month. (Round the fnal answer to the nearest ceet as needed. Round al intermedate velves to seven decimal places as needed) )

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