11)Eva is saving money for a vacation she wants to take five years from now. If the trip will cost $1,000 and she puts her money into a savings account paying 3 percent interest, compounded annually,...



11)Eva is saving money for a vacation she wants to take five years from now. If the trip will cost $1,000 and she puts her money into a savings account paying 3 percent interest, compounded annually, how much would Eva need to deposit today to reach her goal without making further deposits?




Group of answer choices

$961.54



$932.75



$862.61



$821.93




Jun 07, 2022
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