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Mathematics, 04.08.2019 07:30 quay84

You want to purchase a new car in 5 years and you anticipate the cost of the car to be $55,000. you are given an investment plan with a fixed apr of 6.2%, assuming that you make regular monthly deposits. how much should you deposit at the beginning of each month to reach your goal of $55,000 in 5 years? round to the nearest cent. a. $787.23 c. $785.62 b. $786.65 d. $780.23

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