You want to purchase a new car in 88 years and expect the car to cost $58 comma 00058,000. Your bank offers a plan with a guaranteed APR of 5.5 %5.5% if you make regular monthly deposits. How much should you deposit each month to end up with $58 comma 00058,000 in 88 years?
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You want to purchase a new car in 88 years and expect the car to cost $58 comma 00058,000. Your bank...
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