Camilia plans to go for vacation to australia in 5 years, Ask an Expert

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Camilia plans to go for vacation to Australia in 5 years from now. She estimates that she will need 29,349 for the trip. How much does she need to place in a savings account today that earns 4.16% per year (compounded quarterly) to accumulate this amount? Round answer to two decimal places

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Financial Management, Finance

Category:- Financial Management
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