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Your Wealthy Aunt Wishes to Give You a Trip to Paris

Question 6

Multiple Choice

Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in three years.She estimates the trip will cost $4,000.How much must she invest now at 5% to accumulate enough for you to take this trip? Use Table PV-1. Your wealthy aunt wishes to give you a trip to Paris when you graduate from college in three years.She estimates the trip will cost $4,000.How much must she invest now at 5% to accumulate enough for you to take this trip? Use Table PV-1. A) $3,287.72 B) $3,456.00 C) $4,499.44 D) $3,161.24


A) $3,287.72
B) $3,456.00
C) $4,499.44
D) $3,161.24

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