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Your goal is to buy your first brand new car in 8 years. You want $50,000 available to you at that time. You will make
Your goal is to buy your first brand new car in 8 years. You want $50,000 available to you at that time. You will make annual deposits at the end of each year to the fund. If the account pays 3.75%, what do you need to deposit each year?
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