You want to purchase a new car in 10 months if you place

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Dr. Getacheck wants to make sure that in 10 years his daughter will have $50,000 for college upon highschool graduation. The college savings account he opens up has a guaranteed fixed rate of 8% return annually. How much does he need to open up the account with?

You want to purchase a new car in 10 months. If you place $240 into account every month at 6%, how much money will you have for a down payment?

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