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Betty wants to set aside funds to take an around the world cruise in four years. Betty expects that she will need $16000 for her

Betty wants to set aside funds to take an around the world cruise in four years. Betty expects that she will need $16000 for her dream vacation. If she is able to earn 10% per annum on an investment, how much will she need to set aside at the beginning of each year to accumulate sufficient funds?

$10928.

$23426.

$3134.

$3448.

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