Question: Q6. Andre fastal is saving for a holiday in the united states in 3 years. he estimates that he will need $5000 o cover his

Q6. Andre fastal is saving for a holiday in the united states in 3 years. he estimates that he will need $5000 o cover his airgare and all oher expenses for a week-long holiday. if he can invest his money is an S&P/ASX200 equity index fund that is expected to earn an average rate of return of 10.3% over the next 3 years, how much will he have to save every year, starting at the end of this year?

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