Jane wants to set aside funds to take an around the world cruise in four years. Assuming that Jane has €8,000 to invest today in an account expected to earn 6% per annum, how much will she have to spend on her vacation?
A) €6,336
B) €10,100
C) €34,997
D) €10,705

Question

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The Answer of Jane wants to set aside funds to take an around the world cruise in four years. Assuming that Jane has €8,000 to invest today in an account expected to earn 6% per annum, how much will she have to spend on her vacation?
A) €6,336
B) €10,100
C) €34,997
D) €10,705

Jane Wants to Set Aside Funds to Take an Around