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Rosa plans to go for vacation to France in 14 years from now. She estimates...

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Finance

Rosa plans to go for vacation to France in 14 years from now. She estimates that she will need $18,047 for the trip. How much does she need to place in a saving account today that earns 9.22 percent per year (compounded quarterly) to accumulate this amount?

Round the answer to two decimal places

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