Multiple Choice
Aaron is planning to go on a vacation in 6 years. The vacation $7800.00. How much should he set-aside today in his savings account if the current interest rate is 7.6% p.a., compounded quarterly?
A) $4965
B) $7800
C) $5026
D) $12254
E) $4951
Correct Answer:
Verified
Correct Answer:
Verified
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