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You have decided to take a vacation to New Zealand in 8 years. You estimate the trip will cost $12,500. You currently have $1,800 in
You have decided to take a vacation to New Zealand in 8 years. You estimate the trip will cost $12,500. You currently have $1,800 in an account yielding 0.2% a month. How much will you have to save each month to reach your goal?
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