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What is the cost in today dollars to the couple

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A frustrated wife has a husband who makes a trip to Las Vegas once a year with his college buddies. The average cost of each trip is $2,100.00. If this trip will be completed every year for the next 23.00 years, what is the cost in today's dollars to the couple? Assume a discount rate of 5.00%.

Reference no: EM132509562

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