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Find the present value ( the amount that should be invested now to accumulate the following amount ) if the money is compounded as indicated.

Find the present value (the amount that should be invested now to accumulate the following amount) if the money is compounded as indicated.
$8919.03 at 3.2% compounded annually for 3 years
The present value is $
(Do not round until the final answer. Then round to the nearest cent as needed.)
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