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Bill and Sally Kaplan have an annual spending plan that amounts to $93,000. If inflation is 3 percent a year for the next three years,

Bill and Sally Kaplan have an annual spending plan that amounts to $93,000. If inflation is 3 percent a year for the next three years, what amount will the Kaplans need for their living expenses three years from now? UseAppendix 1B-1.(Round time value factors to 3 decimal places and final answer to the nearest dollar amount. Omit the "$" sign in your response.)

Living expenses$

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