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Lola would like to have $3,900 at the end of her college career to go on a graduation trip abroad. She decides to set a
Lola would like to have $3,900 at the end of her college career to go on a graduation trip abroad. She decides to set a portion of her high school graduation money aside to finance this trip. Assume Lolas money earns 11% interest and that she will graduate from college in 8 years. How would you solve for P?
A) 3,900(P|F, 8%, 11)
B) 3,900(P|F, 11%, 8)
C) 3,900(F|P, 8%, 11)
D) 3,900(F|P, 11%, 8)
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