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Youve saved up $4541 to go towards buying a new car in 4 years time. How much do you have to deposit at the end
Youve saved up $4541 to go towards buying a new car in 4 years time. How much do you have to deposit at the end of each month at a bank that is paying 4.84% compounded monthly to be able to buy the car at the end of 4 years for $6225 ?
$12.80
$22.80
$20.80
$13.55
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