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Hannah would like to go on a 6 month trip through Europe. She wants to save her money in a short term investment account earning
Hannah would like to go on a 6 month trip through Europe. She wants to save her money in a short term investment account earning 3%, compounding monthly, and has 18 months to save for it. How much will she have to put away at the beginning of each month if the vacation costs $20,000?
Group of answer choices
$810.35
$1084.97
$807.95
$1,087.69
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