Donna plans to save for a vacation to Costa Rica in 18 months. She will be putting

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Donna plans to save for a vacation to Costa Rica in 18 months. She will be putting the money into a short-term investment account earning 4% annually. How much will Donna have to put away at the beginning of each month if the total package cost for the trip is $3,500?

a. $170.34.

b. $188.37.

c. $212.69.

d. $246.73.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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