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Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of

Find the present value (i.e. at time t=0 years) of a 200 deposit at time t=2 years using a nominal annual discount rate of 8% compounded semiannually. Give your answer as a decimal rounded to two places (i.e. X.XX).

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