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Current Attempt in Progress Steve Bowie is trying to determine the amount to set aside so that he will have enough money on hand in

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Current Attempt in Progress Steve Bowie is trying to determine the amount to set aside so that he will have enough money on hand in 3 years to overhaul the engine on his vintage used car. While there is some uncertainty about the cost of engine overhauls in 3 years, by conducting some research online, Steve has developed the following estimates Engine Overhaul Estimated Cash Probability Outflow Assessment $370 10% 30% 720 50% 830 10% 4 610 Click here to view factor tables How much should Steve Bowie deposit today in an account earning 9%, compounded annually, so that he will have enough money on hand in 3 years to pay for the overhaul? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, eg. 458,581) Deposit amount $

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