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Suppose you need to pay your air-ticket of $2400 for a European trip next year. If you deposit money now, you can earn 7% per
Suppose you need to pay your air-ticket of $2400 for a European trip next year. If you deposit money now, you can earn 7% per annum. How much do you need to invest today?
a.
$1759
b.
$1968
c.
$2243
d.
$2000
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