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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?

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$810.35

$1084.97

$807.95

$1,087.69

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