You are planning a large wedding 3 years from today when your fianc finishes medical school. You
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Question:
You are planning a large wedding 3 years from today when your fianc finishes medical school. You have estimated that you
will need $80,000 for this affair. You can earn 6 percent compounded annually on your savings. How much would you
have to deposit today in one lump sum to pay for the entire wedding
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