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    Suppose You Need to Pay Your Air-Ticket of $2400 for a European
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Suppose You Need to Pay Your Air-Ticket of $2400 for a European

Question 41

Question 41

Multiple Choice

Suppose you need to pay your air-ticket of $2400 for a European trip next year.If you deposit money now,you can earn 7% per annum.How much do you need to invest today?


A) $1759
B) $1968
C) $2000
D) $2151
E) $2243

Correct Answer:

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