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You are planning an amazing trip in five years, and estimate that it will cost $45,250 at that time. How much do you need to

You are planning an amazing trip in five years, and estimate that it will cost $45,250 at that time. How much do you need to invest today to pay for this trip if you can earn 4.8 percent compounded annually?

Points: 1

$33,619
$34,155
$35,596
$35,794

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