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You want to save $8,000 for a downpayment for a new car. You will buy the car in 5 years from now. How much do

You want to save $8,000 for a downpayment for a new car. You will buy the car in 5 years from now. How much do you have to save every year, if you start a year from now, and save annually into an account earning 3.5% interest

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