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Business, 30.10.2019 05:31 axiabarbie

You want to purchase a new car in 7 years and expect the car to cost $77 comma 000. your bank offers a plan with a guaranteed apr of 5.5 % if you make regular monthly deposits. how much should you deposit each month to end up with $77 comma 000 in 7 years?

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You want to purchase a new car in 7 years and expect the car to cost $77 comma 000. your bank offers...
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