Fred plans to go for vacation to india in ten years from, Ask an Expert

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Fred plans to go for vacation to India in ten years from now. He estimates that he will need $20984 for the trip. How much does he need to place in a savings account today that earns 6.24 percent per year compounded quarterly to accumulate this amount. Round the answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
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