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Home > Business & Careers > Finance   »   Mutual Fund

 
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Old Oct 6, 2007, 07:21 PM
sandyevelis
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Mutual Fund

If you already saved $10,000 in a mutual fund and expects additional $9,000 for each of the next 2 yrs, but expects to pay $12,000 each at end of year 2 and 3 on college education. How much could you afford to spend know on a summer vacation if you expects to earn 7%?

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