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Betty wants to set aside funds to take an around the world cruise in four years....

Betty wants to set aside funds to take an around the world cruise in four years. Betty expects that she will need $16000 for her dream vacation. If she is able to earn 10% per annum on an investment, how much will she need to set aside at the beginning of each year to accumulate sufficient funds?

$10928.

$23426.

$3134.

$3448.

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