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Question 3 2 pts Tom wants to set aside funds to take an around-the-world cruise in four years. Tom expects that he will need $20,000

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Question 3 2 pts Tom wants to set aside funds to take an around-the-world cruise in four years. Tom expects that he will need $20,000 for this trip. If he is able to earn 8% per year compounded annually on an investment, how much will he need to invest today so that he will have sufficient funds available? O $27,208 O $13,611 O $14,701 $4,438

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