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Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in five years. She estimates the trip will cost
Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in five years. She estimates the trip will cost $3,400. How much must she invest now at 5.0% to accumulate enough for you to take this trip? Multiple Choice $3,400.00 $5,328.00 $2,664.00 $4,339.30
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