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Find the present value, using the present value formula and a calculator. Achieve $ 8 , 0 0 0 in three years at 9 .

Find the present value, using the present value formula and a calculator.
Achieve $8,000 in three years at 9.5% simple interest.
$2,280.69
$5,280.00
$3,440.00
$6,225.68
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