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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
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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