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How much do you need to set aside today if you

In five years your oldest child will be in 8th grade, at which point you and your family plan to vacation in The Bahamas. You estimate that you will need $20,000 for the trip. How much do you need to set aside today if you can place your money in an investment vehicle earning an average of 4.50% per year?

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Finance Basics: How much do you need to set aside today if you

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Request for Solution File

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Finance Basics: How much do you need to set aside today if you

Reference No:- TGS0725945

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Recent Questions Asked Finance Basics

Q : Separation between the birds feet

Q : What is the difference in their savings account balances

Q : How much would the discount rate have to change

Q : How long will it take for all the ice to melt

Q : How much do you need to set aside today if you

Q : How much force is applied on uniform cylinder with mass

Q : What was the amount of the costs incurred by the firm

Q : Difference between two means

Q : How many dollars worth of sales are generated

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: How much do you need to set aside today if you

Reference No:- TGS0725945

Recent Questions Asked Finance Basics

Q : Separation between the birds feet

Q : What is the difference in their savings account balances

Q : How much would the discount rate have to change

Q : How long will it take for all the ice to melt

Q : How much do you need to set aside today if you

Q : How much force is applied on uniform cylinder with mass

Q : What was the amount of the costs incurred by the firm

Q : Difference between two means

Q : How many dollars worth of sales are generated

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