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  3. cheryl wants to save for a car. she has $4050 in a

Cheryl wants to save for a car. She has $4050 in a savings account earning...

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Basic Math

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Cheryl wants to save for a car. She has $4050 in a savings account earning 2.2% compounded quarterly. If Cheryl has four years until she gets her driver's license, will she have enough to buy a used car that costs $4500? If not, how much more does she need?

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