Fred plans to go for vacation to india in ten years from, Financial Management

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Fred plans to go for vacation to india in ten years from

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: Fred plans to go for vacation to india in ten years from

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Financial Management: Fred plans to go for vacation to india in ten years from

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