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How much will they have in three years

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Question - Arnold and Helene would like to visit Austria in three years to celebrate their 25th wedding anniversary. Currently, the couple has saved $26,500, but they expect the trip to cost $30,500. If they put $26,500 in an account that earns 6% interest, compounded annually, how much will they have in three years?

Reference no: EM133131502

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