Question:
Jazelle Momba wants to visit her family in Zimbabwe in 2028
Last updated: 3/28/2024
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Jazelle Momba wants to visit her family in Zimbabwe in 2028 which is 6 years from now She knows that it will cost approximately 8 300 including flight costs on the ground costs and extra spending money to stay for 4 months If she opens an account that compounds interest at 6 semiannually how much does she need to deposit today to cover the total cost of her visit Use Table 12 3 Note Round your answer to the nearest dollar Deposit