(f ) A person wants to have $3000 available to spend on an overseas trip four years...

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(f ) A person wants to have $3000 available to spend on an overseas trip four years from now. If such funds could be expected to earn 7 percent, how much should be invested in a lump sum to realize the

$3000 when needed?

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Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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