What is the current cost of special wedding

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Reference no: EM131321326

You are planning a special wedding three years from today. You don’t know who your spouse will be but you do know that you are saving $25,000 today and $35,000 one year from today for this purpose. You also plan to pay the final $45,000 of costs on your wedding day. At a discount rate of 7 percent, what is the current cost of your special wedding?

Reference no: EM131321326

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