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b) Andrew Fastai is saving for a holiday in the United States in 3 years He estimates that he wih need S5000 to cover
b) Andrew Fastai is saving for a holiday in the United States in 3 years He estimates that he wih need S5000 to cover his airfare and all other expenses for a week-long holiday. he can invest his money in an S&P/ASX200 equity index fund that is expected to earn an average return Of ID.3 per cent over the next 3 years, how much witl he have to save every year, starting at thc end of this year?
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