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Fatima is looking at a vacation that would cost her $6,000 today (assume this is a negative cash flow). She makes a goal to go

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Fatima is looking at a vacation that would cost her $6,000 today (assume this is a negative cash flow). She makes a goal to go on the trip 14 years from today. The inflation rate is 3%. How much will it cost Fatima to go on the vacation in 14 years?

what formulas are used to obtain answers?

rate nper pmt pv type FV

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