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14. A couple draw a plan of saving for their vacation in Europe. They save $200 at the end of each month for three years.

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14. A couple draw a plan of saving for their vacation in Europe. They save $200 at the end of each month for three years. If the cost of vacation is going to be ($9,384.44), and the interest rate is 11% compounded annually, would the couple have enough to cover their vacation at the end of the third year? 15. What must their annuity (A) be in order to make it to their vacation if the interest rate is 15% compounded semiannually. 16. What must their annuity (A) be in order to make it to their vacation if the interest rate is 13.75% compounded quarterly. 17. What must their annuity (A) be in order to make it to their vacation if the interest rate is 11.5% compounded monthly. 18. What must their annuity (A) be in order to make it to their vacation if the interest rate is 8.25% compounded weekly

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