Hannah has decided to save for a vacation in 18 months. She will save the money into a short-term investment account returning 4% annually.
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Hannah has decided to save for a vacation in 18 months. She will save the money into a short-term

investment

account returning 4% annually. How much will she have to put away at the beginning of each month if the vacation cost is $15,000? (Round to the nearest dollar.)

Select one:

a. $815.

b. $810.

c. $807.

d. $800.

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