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Bill and Sally Kaplan have an annual spending plan that amounts to $ 4 2 , 0 0 0 . If inflation is 7 percent

Bill and Sally Kaplan have an annual spending plan that amounts to $42,000. If inflation is 7 percent a year for the next three years, what amount will the Kaplans need for their living expenses three years from now? Round time value factor to 3 decimal places and final answer to 2 decimal places.
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