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 4% to accumulate enough for you to take this trip?
A) $3,287.72.
B) $3,556.00.
C) $4,499.44.
D) $3,161.24.
Correct Answer:
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