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Q8 John Mason decided to save $2,250 at the end of each of the next three years to pay for a vacation. If he invests
Q8
John Mason decided to save $2,250 at the end of each of the next three years to pay for a vacation. If he invests it at 6 percent annually, how much will he have to spend on his vacation at the end of three years? (Round to the nearest dollar.) Step by Step Solution
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