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Business, 01.03.2021 21:50 sanafarghal

In four years, your oldest child will be in 10th grade, at which point you and your family plan to vacation in Europe. You estimate that you will need $25,000 for the trip. How much do you need to set aside today if you can place your money in an investment vehicle earning an average of 4.25% per year? A. $20,998.34
B. $21,165.85
C. $20,215.55
D. $21,435.77

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