Question: You plan on taking a REALLY long vacation, planning to live by a beach for two years and surfing. You estimate you need $5,000 a
You plan on taking a REALLY long vacation, planning to live by a beach for two years and surfing. You estimate you need $5,000 a month for the 24 months to pay for this vacation with payments being made at the end of the month. If you can earn 8% on your funds, how much would you have to invest at the beginning of the vacation to fund this plan?
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