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You want to save up $3,950 to buy new kitchen cabinets. You want to pay in cash, so you make daily deposits into a savings
You want to save up $3,950 to buy new kitchen cabinets. You want to pay in cash, so you make daily deposits into a savings account earning 2.3% APR, compounded daily. How much do your daily deposits need to be in order to save up the $3,950 in seven years? Round your answer to the nearest cent. The daily deposits need to be $
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