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Sophie wants to have $7,450 available to spend on a study abroad experience three years from now. How much should she save and invest monthly

Sophie wants to have $7,450 available to spend on a study abroad experience three years from now. How much should she save and investmonthlyto realize the $7,450 when needed, if she can expect to earn 4.20 percent? (hint: remember to adjust N and I/Y for monthly contributions)https://www.studyabroad.iastate.edu/

N

I/Y

PV

PMT

CPT

FV

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