How much must she deposit now in a savings account

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Question - Cheryl wants to have ?$4,000 in spending money to take on a trip to Disney World in three years. How much must she deposit now in a savings account that pays 2?% per year to have the money she needs in three? years? To have ?$4,000 in three? years, Cheryl would need to deposit.

Reference no: EM133150234

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