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Dewey Sykes plans to open a business in eight years when he retires. How much must he invest today to have $8,000 when he

Dewey Sykes plans to open a business in eight years when he retires. How much must he invest today to have $8,000 when he retires if the bank pays 3% annually. compounded semiannually? Click the icon to view the present value of $1.00 table Dewey Sykes must invest S (Round to the nearest cent as needed)

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