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You wish to plan your Hawaii vacation. You estimate that it will be four years from now, and that it will cost $10,000. What is

You wish to plan your Hawaii vacation. You estimate that it will be four years from now, and that it will cost $10,000. What is the monthly payment you should save in order to finance your vacation, assuming annual interest rate 12% and assuming that you make 48 monthly payments, starting today

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