What is the cost of this vacation in todays dollars if the


Your local travel agent is advertising an upscale winter vacation package for travel three years from now to Antarctica. The package requires that you pay $17993 today, $11421 one year from today, and a final payment of $24586 on the day you depart three years from today. What is the cost of this vacation in today's dollars if the discount rate is 3 %? (Round answer to 2 decimal places. Do not round intermediate calculations).

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Financial Management: What is the cost of this vacation in todays dollars if the
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