Rose wants to go on a vacation to Europe in 6 years from now.
She estimates that will need $24,388 for the trip.
How much does she need to place in a savings account today that earns 5.13% per year (compounded annually) to accumulate this amount?
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Rose wants to go on a vacation to Europe in 6 years from now.
She estimates that will need $24,388 for the trip.
How much does she need to place in a savings account today that earns 5.13% per year (compounded annually) to accumulate this amount?
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