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How much will she have to invest annually to reach

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Jane wants to save for a trip to Canada. She will need $12,000 at the end of four years. She can invest a certain amount at the end of each of the next four years in a bank account that will pay her 6.8 percent annually. How much will she have to invest annually to reach her target? (Round to the nearest dollar.)

Reference no: EM132502685

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