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How many years will it be until you reach your goal

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Question - You have researched your dream around-the-world vacation and determined that the total cost of the vacation will be $28,000. You feel you can earn an APR of 10.3 percent compounded monthly and plan to save $320 per month until you reach your goal. How many years will it be until you reach your goal and enjoy your well-deserved vacation?

Reference no: EM133069944

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