Herrera Morrison
05/30/2024 · Primary School

Sylvia wants to go on a cruise around the world in 6 years that costs \( \$ 13,552 \). How much does she need to deposit each year in an account that pays \( 1.9 \% \) interest compounded annually? Round to the nearest cent.

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Sylvia needs to deposit approximately \( \$2155.36 \) each year.

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