How much does she need to place in saving account today


Camila plans to go for vacation to Austrial in 15 years from now. She estiomates that she need $28,824 for the trip. How much does she need to place in saving account today that earns 3.41 percent per year compounded quarterly to accumulate this amount?

Round to two decimal places

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Financial Management: How much does she need to place in saving account today
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