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Jane wants to set aside funds to take an around the world cruise in four years. Jane expects that she will need $20,000 for her

Jane wants to set aside funds to take an around the world cruise in four years. Jane expects that she will need $20,000 for her dream vacation. If she is able to earn 8% per annum on an investment, how much will she need to set aside at the beginning of each year to accumulate sufficient funds?


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