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Suppose a husband wants to take his wife on a trip three years from now to Europe to celebrate their 40 th anniversary. He has

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Suppose a husband wants to take his wife on a trip three years from now to Europe to celebrate their 40 th anniversary. He has just received a $26,000 inheritance from an uncle and intends to invest it for the trip. The husband estimates the trip will cost $33,280 What interest rate, compounded annually, must be earned to accumulate enough to pay for the trip? Note: Use tables, Excel, or a financial calculator. Do not round your intermediate values. Enter your answer rounded to the nearest whole percentage. (EV of $1, PV of $1, EVA of $1, PVA of $1. EVAD of $1 and PVAD of $1)

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