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A person wants to have $3000 available to spend on a trip 4 years from now. If such funds could be expected to earn 7 percent, how much should be invested in a lump sum to realize the $3000 when needed...

A recipe for spaghetti requires four 16-ounce bottles of ketchup to make 2 gallons of sauce. How many bottles of ketchup are needed to make 18 gallons of sauce?

5. Consider the following four investments. a) You invest $ 3,000 annually in a mutual fund that earns 10 percent annually, and you reinvest all distributions. How much will you have in the account...

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