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Camelia plans to go for vacation to Australia in 11 years from now. She estimates that she will need $29,358 for the trip. How much
Camelia plans to go for vacation to Australia in 11 years from now. She estimates that she will need $29,358 for the trip. How much does she need to place in a savings account today that earns 6.89 percent per year (compounded Quarterly) to accumulate this amount?
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