What is the total for your trip in the currency of your destination country? ...
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Accounting
What is the total for your trip in the currency of your destination country?
1 usd = 14682.70 Indonesian rupiah 1818 usd = 26693148.60 Indonesian rupiah
HELP WITH QUESTION 3 AND 4 AND 5
3) Lets not forget about inflation. What will the estimated total be if you add in 3% each year, for 4 years, for inflation (in US dollars)?: Show Steps. Answer (rounded to the nearest penny):___________________________
4) Lets come up with a saving plan and figure out how much you will need to deposit monthly in order to save up for the total cost of the vacation (answer from #3). Say, you find a bank that offers 1.25% interest rate compounded monthly, and you want to have the total amount in 4 years (Show all your work and find the monthly deposit required, round answer to 2 decimal places) Required monthly savings to reach your goal: _________________________________
5) How much of this total is interest you earned from your bank? Interest earned: ___________________________________
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