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Will you have enough money to travel in five years

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Reference no: EM132745469

Question - You told your grandmother about your plans to visit Australia. She's been and has some incredible memories of her time on the Eastern Coast. To help your cause, she is willing to give you $5,000. However, she cannot give you the money for two years. Based on the $10,000 you currently have in the bank, and your grandmother's contribution, will you have enough money to travel in five years if you can earn 10% on your money?

Reference no: EM132745469

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