You are planning to take an extended vacation in 3 years that will cost $10,000....
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Accounting
You are planning to take an extended vacation in 3 years that will cost $10,000. How much money do you need to deposit today in a savings account that earns 6% interest compounded semi-annually in order to have enough money to pay for the trip in 3 years?
the final answers should be in two decimal places.
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