Multiple Choice
Jane wants to set aside funds to take an around the world cruise in four years.Assuming that Jane has $5,000 to invest today in an account expected to earn 6% per annum, how much will she have to spend on her vacation?
A) $3,960.
B) $6,312.
C) $21,873.
D) $6,691.
Correct Answer:
Verified
Correct Answer:
Verified
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