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Testbank Multiple Choice Question 86 Debra wants to set aside funds to take an around the world cruise in 6 years. Debra expects that she
Testbank Multiple Choice Question 86
Debra wants to set aside funds to take an around the world cruise in 6 years. Debra expects that she will need $28500 for her dream vacation. If she is able to earn 5% per annum on an investment, how much will she have to set aside today so that she will have sufficient funds available?
$4190. |
$20253. |
$38191. |
$21267. |
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