Answered

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To fund your dream around-the-world vacation, you plan to save $2,575 per year for the next 13 years starting one year from now. If you can earn an interest rate of 5.41 perce how much will you have saved for your vacation?
Multiple Choice
A. $46,818.51
B. $45,204.08
C. $44,395.65
D. $44,782.92
E. $41,972.78

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